Latest news about Jain Resource Recycling
Jain Resource Recycling
341.00
+3.70(+1.10%)
Company Performance:
View Company Insights1D+1.10%
1M-8.88%
6M-9.78%
1Y+7.21%
5Y+7.21%
More news about Jain Resource Recycling
11Jun 26
Jain Resource Recycling schedules investor meet on June 16
Jain Resource Recycling Limited has scheduled an analyst and institutional investor meeting for June 16, 2026, at 10:00 AM via virtual mode. The interaction is being conducted pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that no unpublished price sensitive information (UPSI) is intended to be discussed during the interactions.
26May 26
Jain Resource Recycling FY26 PAT rises 56% to ₹3,473.97 million
Jain Resource Recycling Limited reported its audited financial results for FY26, achieving a record consolidated PAT of ₹3,473.97 million, up 56% YoY, on revenue of ₹95,431.13 million. Q4 revenue grew 76% YoY to ₹31,049.83 million, though EBITDA margins dipped to 3.5% due to temporary geopolitical and pricing factors. The company is advancing forward integration projects, including copper anode and cathode facilities, with a total capex of ₹115-120 crores planned for FY27. IPO proceeds of ₹4,736.43 million were fully utilized by March 31, 2026.
23May 26
Jain Resource Recycling schedules analyst meet on May 29
Jain Resource Recycling Limited announced an analyst and institutional investor meeting scheduled for May 29, 2026, in Mumbai. Organized by 360 One Capital (B&K) under the Trinity 2026 initiative, the 1x1 or group meeting starts at 11:00 AM. The company confirmed discussions will rely on publicly available information and no unpublished price sensitive information (UPSI) will be shared.
29Apr 26
Jain Resource Recycling Limited Announces Successful Postal Ballot Results for Four Key Resolutions
Jain Resource Recycling Limited announced successful completion of its April 2026 postal ballot with all four resolutions receiving shareholder approval. The resolutions covered subsidiary director remuneration (99.98% approval), managing director compensation for FY 2026-27 (97.56% approval), IPO fund utilization for loan repayment (92.87% approval), and Articles of Association amendments (100% approval). The e-voting process conducted from March 28 to April 26, 2026, was scrutinized by BP & Associates and facilitated through KFIN Technologies Limited's platform.
10Apr 26
Jain Resource Recycling Issues Corrigendum for Wind Power Companies Acquisition Details
Jain Resource Recycling Limited issued a corrigendum correcting acquisition details for Sea Sindu Green Energy Private Limited in its wind power companies acquisition plan. The company is acquiring 26% stakes in three wind power entities for Rs. 74.09 lakhs total consideration, intended for captive electricity use without business diversification.
31Mar 26
Jain Resource Recycling Limited Acquires Stakes in Three Wind Power Companies for Captive Electricity Use
Jain Resource Recycling Limited approved the acquisition of 26% equity stakes in three wind power companies for ₹74.09 lakh on March 30, 2026. The strategic acquisitions target Sea Sindu Green Energy, Sri Kamakshi Wind Power, and OM Sakthi Wind Power to secure captive electricity supply. All transactions will be completed by March 31, 2026, meeting regulatory requirements for captive users under Electricity Rules, 2005.
28Mar 26
Jain Resource Recycling Limited Publishes Form PAS-1 Advertisement for IPO Proceeds Deviation
Jain Resource Recycling Limited has published Form PAS-1 advertisements in Financials Express, Makkal Kural, and Jansatta newspapers for its postal ballot process. The company seeks shareholder approval for utilizing ₹540 million from IPO proceeds' General Corporate Purposes allocation toward promoter loan repayment, alongside other corporate resolutions including MD remuneration and subsidiary appointments.
16Mar 26
Jain Resource Recycling Limited Schedules Analyst/Investor Meeting at Gummidipoondi Plant
Jain Resource Recycling Limited has scheduled an analyst/investor meeting at its Gummidipoondi Plant in Tamil Nadu on March 20, 2026, starting at 9:00 AM IST. The group meeting will feature a plant visit format, with discussions based solely on publicly available information and no unpublished price sensitive information. The company communicated this schedule to stock exchanges on March 16, 2026, in compliance with SEBI regulations.
26Feb 26
Securities Appellate Tribunal Grants Conditional Stay on SEBI Penalty for Jain Resource Recycling MD
Jain Resource Recycling Limited disclosed that SAT granted a conditional stay on January 30, 2026, on SEBI penalty recovery for MD Kamlesh Jain related to alleged insider trading in Reflex Industries scrip. The stay requires 50% penalty deposit within four weeks, with the next hearing scheduled for April 23, 2026. The company clarified no direct financial impact as the appeal was filed by Jain in individual capacity.
14Feb 26
Jain Resource Recycling Limited Reports Deviation in IPO Proceeds Utilization for Q3 FY26
Jain Resource Recycling Limited's monitoring agency report for Q3 FY26 reveals a significant deviation in IPO proceeds utilization, with Rs 540.00 million from general corporate purposes used to repay promoter loan, violating prospectus commitments. The company attributes this to inadvertent error and has implemented corrective measures including fund restoration and regulatory compliance procedures. The deviation falls in the 50-75% range of allocated funds, requiring shareholder approval and regulatory remediation.
11Feb 26
Jain Resource Recycling Makes Q3FY26 Earnings Call Recording Available Online
Jain Resource Recycling Limited reported exceptional Q3FY26 performance with revenue growth of 55.24% to ₹2,676.21 crore and net profit surge of 204.15% to ₹126.90 crore. The company has made its February 11, 2026 earnings call recording available online under SEBI compliance, while advancing strategic initiatives including a US$ 3.00 million Kuwait acquisition and copper facility expansion with 72,000 MT annual processing capacity.
20Jan 26
Jain Resource Recycling Limited Announces Successful Postal Ballot Results with Two Key Resolutions Passed
Jain Resource Recycling Limited successfully completed its postal ballot on January 18, 2026, with both resolutions receiving strong shareholder approval. The appointment of VAK & Associates as secretarial auditor was approved with 97.81% votes, while Mr. Sanchit Jain's appointment as Executive Director received 98.64% support. The e-voting process covered 65,942 shareholders and was conducted through KFIN Technologies under scrutinizer supervision.
29Dec 25
Jain Resource Recycling Shares Unlock as Anchor Lock-in Expires
Jain Resource Recycling's anchor investor lock-in period has ended, making 12 million shares available for trading. The stock currently trades 77% above its IPO price, despite a recent correction. This development is expected to increase liquidity and potentially impact price dynamics. The stock's ability to maintain a premium over its IPO price suggests continued investor confidence in the company.
29Dec 25
Jain Resource Recycling anchor lock-in expires: 12 million shares now tradable after 77% post-IPO rally
Jain Resource Recycling's anchor lock-in period expires, making 12 million shares tradable representing 4% of outstanding equity. The stock trades 77% above its ₹232.00 IPO price despite recent correction from ₹461.00 peak. The ₹1,250.00 crore IPO was oversubscribed 16.8 times with strong institutional participation. Ashish Kacholia holds 1.14% stake worth ₹160.40 crore through associated entity.
19Dec 25
Jain Resource Recycling Seeks Shareholder Approval for Executive Director Appointment and Secretarial Auditor Selection
Jain Resource Recycling Limited has announced a postal ballot for shareholder approval on two key resolutions. The first is to appoint Mr. Sanchit Jain as Executive Director for a one-year term starting October 21, 2025, with an annual remuneration of ₹6.00 lakh. The second is to appoint M/s. VAK Associates as secretarial auditors for five consecutive years from FY 2025-26 to FY 2029-30. The e-voting period is set from December 20, 2025, to January 18, 2026, with results to be announced by January 20, 2026. The company has shown strong financial performance with increasing revenue and profitability over the past three years.
16Dec 25
SEBI Imposes ₹25 Lakh Penalty on Jain Resource Recycling Promoter for Alleged Insider Trading
SEBI has imposed a ₹25 lakh penalty on Kamlesh Jain, promoter of Jain Resource Recycling Limited, for alleged insider trading in Refex Industries Limited shares. The order also includes the Jain Family Trust. SEBI claims they made unlawful gains of ₹12.33 lakh while possessing unpublished price-sensitive information. Kamlesh Jain and the trust plan to contest the order. Jain Resource Recycling states this will not impact the company's operations or financial position.
31Oct 25
Jain Resource Recycling Reports 52% Revenue Surge in Q2 FY26, Expands into Value-Added Copper Products
Jain Resource Recycling Limited (JRRL) announced robust Q2 FY26 results in its first earnings call since listing on NSE and BSE. Revenue increased by 52% YoY to ₹2,114.00 cr, while profit surged 88% to ₹99.00 cr. EBITDA grew 82% to ₹160.00 cr with margin expansion. The company's strategic focus includes a joint venture with CNY Group for a copper scrap recycling plant, development of a copper cathode manufacturing facility, and plans for expansion in tire, solar panel, and EV battery recycling. JRRL maintains a strong market position in lead and copper recycling in India, with a global sourcing network across 120 countries. Management anticipates 20-25% revenue growth in coming years.
25Oct 25
Ashish Kacholia's Jain Resource Recycling Investment Soars 214% in 8 Months
Investor Ashish Kacholia's stake in Jain Resource Recycling, through Bengal Finance & Investments, has grown from Rs 50 crore to approximately Rs 157 crore in eight months, representing a 214% return. The investment benefited from a 1:5 stock split, increasing his shareholding to 39,16,875 shares. Jain Resource Recycling, which debuted on October 1 at a 14% premium, has shown strong market performance and robust quarterly results with significant year-on-year growth in net profit, revenue, and EBITDA.
23Oct 25
Jain Resource Recycling Reports Strong Q2 Results and Announces Strategic Joint Venture
Jain Resource Recycling Limited (JRRL) reported a 52% year-over-year increase in Q2 consolidated revenue to Rs 2,113.7 crore, with EBITDA growing 82% to Rs 160 crore. Net profit surged 78% to Rs 99.2 crore. The company announced a joint venture with C&Y Group Investments to establish a recycling facility in Ahmedabad, focusing on various scrap materials. JRRL will hold a 52% stake in the venture. Following the announcements, JRRL's stock price rose 9% to a new 52-week high.
22Oct 25
Jain Resource Recycling Expands with Strategic Joint Venture and Growth Plans
Jain Resource Recycling Limited (JRRL) has revealed expansion plans including a joint venture with C&Y Group Investments, Inc. JRRL will hold a 52% stake in the new venture, which will establish a recycling and manufacturing facility in Ahmedabad, Gujarat. The company's growth strategy includes forward integration into copper product manufacturing, capacity expansion, and exploration of new recycling verticals such as automotive tyre, e-waste, and solar panel recycling.
22Oct 25
Jain Resource Recycling Forms Strategic Joint Venture with C&Y Group for Recycling Facility in Ahmedabad
Jain Resource Recycling Limited has entered into a joint venture agreement with C&Y Group Investments, Inc. to establish a recycling and manufacturing facility in Ahmedabad, Gujarat. The venture will focus on recycling cables, motors, and various metal components. Jain Resource will hold 52% stake, C&Y Group 45%, and employees 3% as sweat equity. The initial paid-up capital is set at INR 100 million, with potential to increase to INR 600 million. C&Y Group, a major North American scrap metal exporter, will supply guaranteed annual quantities of scrap materials. The joint venture will be incorporated as a private limited company in India, becoming a subsidiary of Jain Resource Recycling.
21Oct 25
Jain Resource Recycling Reports Strong Q2 Growth with 78% Jump in Net Profit
Jain Resource Recycling Limited (JRRL) announced strong Q2 results with consolidated net profit rising 78% to 992.00 million rupees. Revenue increased to 21.14 billion rupees from 13.92 billion rupees year-over-year. EBITDA grew to 1.60 billion rupees, with the EBITDA margin improving to 7.57% from 6.31%. The results indicate significant growth across key financial metrics and improved operational efficiency.
16Oct 25
Jain Resource Recycling Limited Announces Q2 & H1 FY26 Earnings Conference Call
Jain Resource Recycling Limited (JRRL) will host an earnings conference call on October 23, 2025, at 12:00 p.m. IST to discuss Q2 and H1 FY26 financial results. The company's Board will meet on October 21, 2025, to approve the unaudited financial statements for the periods ending June 30 and September 30, 2025. Key participants include Chairman & MD Kamlesh Jain, Joint MD Mayank Pareek, and CFO Hemant Jain. Universal access numbers and international toll-free numbers are provided for investors and analysts to join the call.
07Oct 25
Ashish Kacholia Expands Portfolio with Rs 128 Crore Stake in Jain Resource Recycling
Renowned investor Ashish Kacholia has acquired a 1.14% stake in Jain Resource Recycling, marking his 50th stock holding. The investment, made through Bengal Finance & Investment Pvt Ltd, involves 39,16,875 shares valued at approximately Rs 128.00 crore. Jain Resource Recycling, a non-ferrous metals recycling company, recently had a successful IPO with a 14% listing premium and has since gained 41% from its IPO price. The company operates facilities near Chennai and in the UAE, serving major clients and exporting to various Asian markets. Kacholia's total portfolio is now estimated to be worth over Rs 2,894.00 crore.
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