NSEGiving guarantees/indemnity/ becoming a surety for third party8h ago · 16 Oct 2026, 07:36 pm
Giving guarantees/indemnity/ becoming a surety for third party
Jain Resource Recycling Limited · JAINREC
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Jain Resource Recycling Limited has informed the Exchange about providing corporate guarantees aggregating to Rs. 150 Crore on behalf of Jain Green Technologies Private Limited, a wholly owned subsidiary, in favour of Yes Bank Limited and RBL Bank Limited. The guarantees are to secure working capital and other short-term credit facilities availed by JGT. The corporate guarantee issued in favour of the lender will be treated as contingent liability in the books of account of the Company.
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Jain Resource Recycling Limited has informed the Exchange about Giving guarantees/indemnity/ becoming a surety for third party
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JAIN RESOURCE RECYCLING LIMITED
(Formerly Known as Jain Resource Recycling Private Limited)
Date: October 16, 2026
JRRL/2026-27/0084
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: Disclosure Under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Corporate guarantees given on behalf
of a wholly owned subsidiary.
Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the
Company has, on October 16, 2026, provided corporate guarantees aggregating to Rs. 150 Crore on behalf of Jain Green
Technologies Private Limited (“JGT”), a wholly owned subsidiary of the Company, in favour of the following lenders:
Credit Facility /
Lender
Corporate Guarantee
Yes Bank Limited ₹50 crore
RBL Bank Limited ₹100 crore
Total ₹150 crore
The aforesaid corporate guarantees have been provided to secure the credit facilities availed by JGT from the respective
lenders.
The provision of the aforesaid corporate guarantees was approved by the Borrowing and Investment Committee of the
Board of Directors of the Company at its meeting held on October 13, 2026, pursuant to the authority delegated to it by
the Board of Directors and within the limits approved by the Board. The meeting commenced at 12:00 P.M. (IST) and
concluded at 12:15 P.M. (IST).
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 with respect to the
said Corporate Guarantee, is given in ‘Annexure- A’ to this letter.
We request you to kindly take the same on your record.
Thanking you,
Yours Faithfully,
For JAIN RESOURCE RECYCLING LIMITED
(formerly known as Jain Resource Recycling Private Limited)
ARAVINDKUMAR V
COMPANY SECRETARY & COMPLIANCE OFFICER
M. NO: A42531
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’
Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015
S. No. Particulars Description
1 Name of party for which such guarantees or Jain Green Technologies Private Limited (JGT)
indemnity or surety was given
2 Whether the promoter/ promoter group/ group The promoter / promoter group have no interest
companies have any interest in this transaction? in the transaction. The guarantees are given by
If yes, nature of interest and details thereof and the Company to its wholly owned subsidiary. The
whether the same is done at “arm’s length transaction is exempt from Regulation 23 under
Regulation 23(5)(b).
3 Brief details of such guarantee or indemnity or The Company has provided Corporate Guarantees
becoming a surety viz. Brief details of agreement of Rs. 50 Crore in favour of Yes Bank Limited and
entered (if any) including significant terms and Rs. 100 Crore in favour of RBL Bank Limited,
conditions, including amount of guarantee aggregating to Rs. 150 crore, for securing working
capital and other short-term credit facilities
availed by JGT.
4 Impact of such guarantees or indemnity or surety The corporate guarantee issued in favour of the
on listed entity Lender will be treated as contingent liability in the
books of account of the Company. There is no
immediate cash outflow from the Company on
account of issuance of the corporate guarantee.
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