NSEDisruption of Operations6d ago · 15 Jul 2026, 05:11 pm

Disruption of Operations

Jain Resource Recycling Limited · JAINREC

✦ AI SummaryRegulatory

Jain Resource Recycling Limited has received an order from the Directorate of Industrial Safety and Health, requiring the company to undertake specified corrective and preventive measures following a fire accident at its manufacturing facility. The company is examining the order and has initiated action plans for implementation of the prescribed remedial and preventive measures.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

Intimation under Regulation 30 of SEBI (LODR) - receipt of Order from Directorate of Industrial Safety and Health

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JAINMETAL_15072026170924_NSEBSEPO_.pdf

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JAIN RESOURCE RECYCLING LIMITED (Formerly Known as Jain Resource Recycling Private Limited) Date: July 15, 2026 JRRL/2026-27/0027 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 – Receipt of Order from Directorate of Industrial Safety and Health This is in continuation of the Company's earlier intimation dated July 14, 2026, informing the Stock Exchanges regarding the occurrence of a fire- accident at the Company's manufacturing facility. Further, we wish to inform you that the Company has received an Order dated July 14, 2026, issued by the Office of the Joint Director of Industrial Safety and Health-I, Chennai, under Section 40(2) of the Factories Act, 1948 (as amended) in respect of the Company's Unit-II situated at Plot Nos. R1, R2 & R3, SIPCOT Industrial Complex, Pappankuppam, Gummidipoondi, Tiruvallur – 601201. The Order has been issued consequent to the inspection carried out by the authorities following the furnace accident that occurred at Unit-II on July 14, 2026. The Order, inter alia, directs the Company to undertake specified corrective and preventive measures, including implementation of enhanced safety protocols, repair and restoration of the affected infrastructure, and obtaining the requisite certifications prior to recommencement of operations at the facility. The Company is presently examining the contents of the aforesaid Order and has initiated action plans for implementation of the prescribed remedial and preventive measures. The Company is also in the process of preparing an appropriate response to be submitted before the concerned authorities, in accordance with applicable laws, in due course. The Company remains committed to ensuring full regulatory compliance while safeguarding the interests of its stakeholders The Company places the highest importance on the safety, health and wellbeing of its employees, workmen and all stakeholders. The Company deeply regrets the incident and is extending 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) Name of the authority Office of the Joint Director of Industrial Safety and Health I, Chennai b) Nature and details of the action(s) taken, initiated or Issuance of a Order under Section 40(2) of the Factories order(s) passed Act, 1948, requiring the Company to undertake specified safety and remedial measures and obtain the necessary approvals/certifications prior to recommencement of operations at Unit-II. c) Date of receipt of direction or order July 14, 2026 d) Details of the violation(s)/contravention(s) committed or The Order cites certain observations pertaining to safety alleged to be committed and operational practices identified during the inspection conducted subsequent to the furnace incident at Unit-II. e) Impact on financial, operation or other activities of the Operations at Unit-II are presently undergoing a listed entity, quantifiable in monetary terms to the extent temporary pause pending completion of the prescribed possible safety enhancements and related compliance requirements. The Company is actively implementing the requisite measures and assessing the potential operational and financial impact, which is presently not ascertainable. 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