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Jain Resource Recycling lists on Indian exchanges after IPO, expands into telecom cables
03-Aug-2026, 08:46
Jain Resource Recycling Limited, formerly a private company, reported financial results for the period ending August 3, 2026, and is listed on the National Stock Exchange of India Limited and BSE Limited following an October 1, 2025, initial public offering. The company, which operates two manufacturing facilities in Tamil Nadu, is expanding its business to include telecommunication and communication cables, an alteration approved by shareholders. Kandaswamy Paramasivan resigned as an Independent Director on August 3, 2026, citing personal reasons. The company is classifying Jain Investment Private Limited and Jain Ikon Global Ventures FZC as assets held for sale and has experienced a Rs 7.15 million increase in gratuity provisions due to the implementation of new Labour Codes. A furnace explosion occurred at a manufacturing facility on July 14, 2026, with the financial impact expected to be immaterial.
Jain Resource Recycling Limited, formerly a private company, reported financial results for the period ending August 3, 2026, and is listed on the National Stock Exchange of India Limited and BSE Limited following an October 1, 2025, initial public offering. The company, which operates two manufacturing facilities in Tamil Nadu, is expanding its business to include telecommunication and communication cables, an alteration approved by shareholders. Kandaswamy Paramasivan resigned as an Independent Director on August 3, 2026, citing personal reasons. The company is classifying Jain Investment Private Limited and Jain Ikon Global Ventures FZC as assets held for sale and has experienced a Rs 7.15 million increase in gratuity provisions due to the implementation of new Labour Codes. A furnace explosion occurred at a manufacturing facility on July 14, 2026, with the financial impact expected to be immaterial.