Jain Irrigation Systems Clinches National Award at EEPC India's 56th Export Excellence Awards

1 min read     Updated on 12 Sept 2025, 08:56 AM
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Ashish ThakurScanX News Team
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Overview

Jain Irrigation Systems Ltd. received the National Award at the 56th Export Excellence Awards by EEPC India. The award was presented by Commerce Minister Piyush Goyal in New Delhi on September 8, 2025. This recognition highlights the company's contributions to innovation, quality, and sustainable solutions in global markets. Jain Irrigation, operating in over 120 countries, specializes in irrigation, food processing, piping, solar solutions, and engineering solutions.

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Jain Irrigation Systems Ltd. , a global leader in water engineering technology, has been honored with the prestigious National Award at the 56th Export Excellence Awards organized by the Engineering Export Promotion Council (EEPC) of India. The recognition came during EEPC India's Platinum Jubilee celebrations, highlighting the company's significant contributions to innovation, quality, and sustainable solutions in global markets.

Award Presentation

The award was presented by Shri Piyush Goyal, Minister of Commerce and Industry, Government of India, at a distinguished ceremony held in New Delhi on September 8, 2025. Mr. Anil Jain, Vice Chairman and CEO, and Mr. Athang Jain, President of Jain Irrigation Systems Ltd., received the honor on behalf of the company.

Recognition of Excellence

This accolade underscores Jain Irrigation's position as a frontrunner in India's export sector and solidifies its reputation as a respected global player in water engineering technology. The company's consistent efforts in delivering transformative solutions have been pivotal in achieving this recognition.

Company's Commitment

Jain Irrigation Systems Ltd. reaffirmed its dedication to enhancing productivity and sustainability through advanced technology. The company's focus on innovation and sustainability continues to create a positive impact across international markets, aligning with its philosophy of "leave this world better than you found it."

About Jain Irrigation Systems Ltd.

Jain Irrigation Systems Ltd. is a multinational company operating in over 120 countries. It specializes in:

  • Irrigation
  • Food processing
  • Piping
  • Solar solutions
  • Engineering solutions

The company's global presence and diverse portfolio have contributed to its success in advancing agricultural productivity and sustainable practices worldwide.

This latest achievement at the EEPC India Export Awards further cements Jain Irrigation's status as an industry leader committed to innovation and excellence in the field of water engineering and sustainable solutions.

Historical Stock Returns for Jain Irrigation Systems

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Jain Irrigation Unveils Rs 500 Crore Fundraising Plan via QIP

1 min read     Updated on 02 Sept 2025, 12:47 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Jain Irrigation Systems Ltd has announced plans to raise up to Rs 500 crores through a Qualified Institutional Placement (QIP). The Board of Directors has approved the issuance of equity shares or other eligible securities in one or more tranches. The fundraising is subject to shareholder and regulatory approvals. The company stated that this initiative will not result in any change in control. The Board also approved the draft notice for the 38th Annual General Meeting and book closure dates.

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Jain Irrigation Systems Ltd , a leading player in the irrigation and agricultural solutions sector, has announced ambitious plans to raise up to Rs 500.00 crores through a Qualified Institutional Placement (QIP). This strategic move, approved by the company's Board of Directors, aims to bolster the firm's financial position and support its growth initiatives.

Key Highlights of the Fundraising Plan

  • Fundraising Method: Qualified Institutional Placement (QIP)
  • Maximum Amount: Up to Rs 500.00 crores
  • Securities to be Issued: Equity shares with a face value of Rs 2.00 each and/or other eligible securities
  • Issuance Structure: One or more tranches, as decided by the Board or designated committee
  • Pricing: To be determined in accordance with Chapter VI of SEBI (ICDR) Regulations, 2018

Board Approval and Regulatory Compliance

The fundraising initiative received the green light during a Board meeting. The Board's decision aligns with the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws.

Shareholder and Regulatory Approvals

The proposed QIP is subject to several key approvals:

  1. Shareholders' approval
  2. Necessary statutory and regulatory approvals

Impact on Company Control

It's worth noting that the company has explicitly stated that this fundraising initiative will not result in any change in control of Jain Irrigation Systems Ltd.

Additional Corporate Actions

In the same Board meeting, the directors also approved:

  1. The draft notice for the 38th Annual General Meeting (AGM) along with the explanatory statement
  2. Book closure dates for the purpose of the 38th AGM

Conclusion

Jain Irrigation's decision to raise funds through a QIP demonstrates the company's proactive approach to strengthening its financial foundation. As the process unfolds, investors and market watchers will be keen to observe how this capital infusion impacts the company's growth trajectory and operational capabilities in the competitive irrigation and agricultural solutions market.

The success of this QIP could play a crucial role in Jain Irrigation's future expansion plans and its ability to capitalize on emerging opportunities in the sector. Stakeholders will be eagerly awaiting further details on the utilization of these funds and the potential benefits for the company's long-term strategic objectives.

Historical Stock Returns for Jain Irrigation Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+0.90%+10.15%+18.89%+1.75%-17.57%+238.81%
Jain Irrigation Systems
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