NSEDisruption of Operations14 Jul 2026 · 14 Jul 2026, 04:49 pm

Disruption of Operations

Jain Resource Recycling Limited · JAINREC

✦ AI Summary▼ Negativedisruption_of_operations

Jain Resource Recycling Limited has informed the Exchange about the occurrence of a fire accident at its manufacturing facility, resulting in the demise of one laborer and injuries to certain others. The company has suspended operations in the affected section as a precautionary measure and is cooperating with the ongoing investigation.

Analysis Scores

Earnings Impact6/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk5/10
Liquidity Impact4/10
Market Sentiment3/10

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Full Announcement

Jain Resource Recycling Limited has informed the Exchange about occurence of Fire Accident at Manufacturing Facility

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JAINMETAL_14072026164623_NSEBSEFA.pdf

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JAIN RESOURCE RECYCLING LIMITED (Formerly Known as Jain Resource Recycling Private Limited) Date: July 14, 2026 JRRL/2026-27/0023 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 SYMBOL: JAINREC SCRIP CODE: 544537 Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Accident at Manufacturing Facility Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we regret to inform that an accident involving a furnace explosion occurred on July 14, 2026 at the Company's manufacturing facility situated at Jain Resource Recycling Limited – Unit II, Plot Nos. R1, R2 & R3, SIPCOT Industrial Complex, Gummidipoondi, Tiruvallur District, Tamil Nadu – 601 201. The incident unfortunately resulted in the demise of one labour and injuries to certain other labourers, who were immediately shifted to nearby hospitals for medical treatment. The Company is extending all necessary support and assistance to the affected persons and their families. The concerned statutory authorities have been informed and the Company is fully cooperating with the ongoing investigation to ascertain the cause of the incident. Operations in the affected section have been temporarily suspended as a precautionary measure. The Company continues to cooperate fully with all concerned authorities and remains committed to providing all necessary support to the affected individuals and their families. Further, the details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is given in ‘Annexure- A’ to this letter. Thanking you, Yours Faithfully, For JAIN RESOURCE RECYCLING LIMITED (formerly known as Jain Resource Recycling Private Limited) ARAVINDKUMAR V COMPANY SECRETARY & COMPLIANCE OFFICER Registered Office: THE LATTICE, Old No. 7/1, New No. 20, 4th Floor, Bishop Ezra Sargunam Road, Kilpauk, Chennai 600 010, T.N, India Unit I : D-12, SIPCOT lndl. Complex, Gummidipoondi, Thiruvallur, 601 201, T.N, India Unit II : Plot No. R1 - R3, Pappankuppam Village, SIPCOT Ind!. Complex, Gummidipoondi, Thiruvallur, 601 201, T.N, India T: +91 44 4340 9494 E: info@jainmetalgroup.com W: www.jainmetalgroup.com CIN No. L27320TN2022PLC150206 JAIN RESOURCE RECYCLING LIMITED (Formerly Known as Jain Resource Recycling Private Limited) ANNEXURE ‘A’ Details at the time of occurrence of Fire: Sr. Particulars Details a) Expected quantum of loss/damage caused The Company is in the process of evaluating the extent of damage or loss caused due to the fire. Any material development in this regard shall be informed to the Stock Exchanges in accordance with the applicable provisions of the SEBI (LODR) Regulations, 2015. b) Whether loss/damage covered by insurance or The damage caused due to the fire accident is covered not including amount under insurance. c) Estimated impact on the production/operations Operations in the affected section of the Factory have in case of strikes/lock outs; been temporarily suspended due to the fire incident as a precautionary measure. Further, since the Company is in the process of ascertaining the damage caused by the fire, the estimated impact, if any, on the production / operations due to the fire will be intimated in due course. d) Factory/unit where the strike/lock out takes Not applicable place including reasons for such strike Registered Office: THE LATTICE, Old No. 7/1, New No. 20, 4th Floor, Bishop Ezra Sargunam Road, Kilpauk, Chennai 600 010, T.N, India Unit I : D-12, SIPCOT lndl. Complex, Gummidipoondi, Thiruvallur, 601 201, T.N, India Unit II : Plot No. R1 - R3, Pappankuppam Village, SIPCOT Ind!. Complex, Gummidipoondi, Thiruvallur, 601 201, T.N, India T: +91 44 4340 9494 E: info@jainmetalgroup.com W: www.jainmetalgroup.com CIN No. L27320TN2022PLC150206