Jain Resource Recycling is converting an outstanding loan of ~INR 44.50 Cr to equity in its subsidiary, Jain Ikon Global Ventures FZC. This increases its stake from 70% to 99.74%, consolidating its investment.
Jain Resource Recycling Limited has a board meeting where Ms. Revathi Raghunathan resigned as Independent Director. Ms. Kajal Mayur Saiya and Mr. Prakash Kumar Behra were appointed as new Independent Directors. The Audit and Nomination Committees were re-constituted.
Jain Resource Recycling Limited is dispatching letters with a weblink to shareholders for accessing the Annual Report FY25-26. The 5th AGM will be held via video conference.
Jain Resource Recycling acquired 26% stakes in three wind power entities for captive electricity use. Total acquisition cost is Rs. 74.09 lakh.
Jain Resource Recycling acquires 26% stakes in three wind power companies for captive electricity use. Total consideration Rs 74.09 lakhs. This move supports operational efficiency by securing power.
