Jai Corp Limited , a prominent Indian company, has announced significant changes to its corporate structure and board committees, aimed at enhancing operational efficiency and governance.

Subsidiary Closure

The Board of Directors of Jai Corp Limited has approved the closure and liquidation of Jaicorp Welfare Limited, a wholly-owned subsidiary. This decision comes as a result of the subsidiary's lack of economic activity. The company stated that this move is expected to:

• Streamline the group structure
• Reduce the number of legal entities
• Minimize regulatory compliance requirements
• Rationalize costs by eliminating multiple record-keeping and administrative functions

Jai Corp Limited has assured that the closure will have no material impact on the working of the company and its other subsidiaries.

Board Committee Appointments

In addition to the subsidiary closure, the Board has made changes to its committee structure. Mr. Amit Kumar Mundra (DIN: 01491934), an independent director, has been appointed to several key committees:

These appointments are expected to strengthen the company's corporate governance framework and bring fresh perspectives to these crucial committees.

Timing of Decisions

The Board meeting where these decisions were made took place on November 22, 2025. The meeting commenced at 12:15 PM IST and concluded at 12:30 PM IST, indicating a swift decision-making process.

These strategic moves by Jai Corp Limited demonstrate the company's commitment to operational efficiency and robust corporate governance. As the changes take effect, stakeholders will be keen to observe their impact on the company's performance and regulatory compliance in the coming months.

Jai Corp Limited , a diversified company with interests in plastic processing, real estate, and other sectors, has announced its financial results for the quarter ended September 30, 2025, showcasing a robust performance with significant profit growth.

Financial Highlights

The company reported a standalone profit of Rs. 24.53 crores for the quarter, compared to Rs. 24.77 crores in the same quarter last year. While the quarterly profit remained relatively stable, the half-year profit saw a substantial increase, reaching Rs. 128.57 crores versus Rs. 37.78 crores in the previous year, marking a remarkable 240% growth.

Segment Performance

Jai Corp's financial results reveal strong performances across its key business segments:

Plastic Processing

This segment continued to be the primary revenue generator, with a turnover of Rs. 142.69 crores for the quarter, showing steady growth from the previous quarter's Rs. 130.46 crores.

Real Estate

The real estate segment contributed Rs. 3.67 crores to the revenue, significantly up from Rs. 0.79 crores in the previous quarter, indicating a potential uptick in the company's real estate activities.

Consolidated Results

On a consolidated basis, Jai Corp Limited's performance was even more impressive:

Balance Sheet Strength

As of September 30, 2025, Jai Corp's consolidated balance sheet showed:

• Total assets of Rs. 1,516.28 crores
• Total equity attributable to equity holders of Rs. 1,456.31 crores

Management Commentary

During their meeting held on November 13, 2025, the company's board acknowledged fines imposed by BSE Limited and National Stock Exchange of India Limited. The board expressed regret for the delay in finding a suitable candidate as an independent director and emphasized the need for greater care in ensuring compliance.

Conclusion

Jai Corp Limited's Q2 FY2026 results demonstrate the company's resilience and growth potential, particularly evident in its half-yearly performance. The significant increase in profits, coupled with strong segment-wise performance, positions the company well for continued growth. However, investors should note the compliance issues acknowledged by the board and monitor how the company addresses these going forward.

Note: All figures are based on the unaudited financial results for the quarter and half-year ended September 30, 2025, as reported by the company.