NSEPress Release3d ago · 28 Oct 2026, 09:09 am
Press Release
Jain Irrigation Systems Limited · JISLJALEQS
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Jain Irrigation Systems Limited has entered into an agreement with Supercritical, a carbon removal marketplace, for biochar carbon removal credits covering up to 19,000 tonnes from the company's operations for the years 2026 and 2027.
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Full Announcement
Jain Irrigation Systems Limited has informed the Exchange regarding a press release dated October 28, 2026, titled "Supercritical and Jain Irrigation sign deal for up to 19,000 tonnes of biochar credits".
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Regd. Office: Jain Plastic Park, P.O.Box: 72, N.H.No. 53, Jalgaon – 425 001. India.
Tel: +91-257-2258011; Fax: +91-257-2258111; E-mail: jisl@jains.com; Visit us at: www.jains.com
CIN: L29120MH1986PLC042028
JISL/SEC/2026/10/B-2/B-6 October 28, 2026
To, To,
BSE Ltd., National Stock Exchange of India Ltd.,
Corporate Relationship Department, Exchange Plaza, C-1, Block G,
1st Floor, New Trading Wing, Rotunda Bandra Kurla Complex,
Building, P. J. Tower, Dalal Street, Bandra (East),
Mumbai - 400 001. Mumbai - 400 051.
Email: corp.relations@bseindia.com Email : cc@nse.co.in
Ref: Code No. 500219 (BSE) & JISLJALEQS (NSE) for Ordinary Equity Shares
Code No. 570004 (BSE) & JISLDVREQS (NSE) for DVR Equity Shares
Sub: Press Release – Supercritical and Jain Irrigation sign deal for up to 19,000 tonnes
of biochar credits
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find attached the Press Release titled “Supercritical and Jain
Irrigation Sign Deal for Up to 19,000 Tonnes of Biochar Credits.”
Jain Irrigation Systems Limited has entered into an agreement with Supercritical, a
carbon removal marketplace, for biochar carbon removal credits covering up to 19,000
tonnes from the Company's operations for the years 2026 and 2027. The agreement relates to
the Company's industrial biochar facility in Jalgaon, Maharashtra, which converts
agricultural and food processing residues into biochar, contributing to durable carbon
removal and sustainable agricultural practices.
The detailed Press Release issued by the Company on the above subject is attached herewith.
Please take the above information on record and acknowledge the same.
Thanking you,
Yours faithfully,
For Jain Irrigation Systems Ltd.
A. V. Ghodgaonkar
Company Secretary
Encl: a/a
Supercritical and Jain Irrigation sign
deal for up to 19,000 tonnes of
biochar credits
A $750 million listed agribusiness enters carbon removal as corporate buyers lock
up high-quality biochar earlier each year
LONDON, 28 October, 2026—Jain Irrigation Systems Limited (JISL), a publicly listed global
agribusiness, and carbon removal marketplace Supercritical have signed a deal for biochar
carbon removal credits from Jain’s operations in 2026 and 2027. The agreement covers up to
19,000 tonnes of durable carbon removal from Jain's industrial biochar facility in Jalgaon,
Maharashtra, which has been producing since early 2026.
Jain converts residues from its food processing lines and from agricultural crops into biochar via
a gasification process that turns carbon into a stable form that stays locked in soil for centuries.
Every output of the process is used within Jain's own operations. Syngas replaces fossil fuel at its
industrial facilities, and the biochar goes into Jain's downstream agriculture businesses and back
to farmers as a soil amendment. The project is undergoing verification through Puro.earth, with
an independent BeZero Carbon rating underway.
Steve Morrin, Supply Senior Manager at Supercritical:
“Most biochar projects we evaluate are building their supply chains
from scratch. Jain has had theirs for 60 years. The facility is
running, the feedstock comes from their own operations, and the
farmer network already exists. That's the delivery profile our
buyers look for, and it's hard to find when most of this year's
high-quality supply is already spoken for.”
Ajit Jain, Joint Managing Director, Jain Irrigation Systems Limited:
“Our reach across millions of farmers and our scale in irrigation
and tissue culture give us a strong foundation for developing
biochar at scale. We understand farming systems, we have decades of
experience developing agricultural technology, and we already have
established channels to work with growers. Biochar creates value
from agricultural residues and connects our work in water
management, planting material, manufacturing, and food processing
with durable carbon removal. Our partnership with Supercritical
helps us scale biochar deployment.”
The plant is built into an agricultural business that has worked with farmers since 1963 and has
served more than 10 million farmers. Jain runs one of the world's largest mango processing
operations and tissue culture nurseries, producing 150 million plants a year. Over the past 30
years, it has commercialized agricultural technologies ranging from micro-irrigation to banana
tissue culture, and it plans to apply that research base and its farmer network to develop biochar
products for agriculture at commercial scale.
The agreement adds 2026 volume to a tight market. Supercritical's H2 2026 biochar market
report found that 81% of high-quality 2026 biochar supply was already committed by July, three
months earlier than at the same point in 2025, as corporate buyers moved from one-off spot
purchases to multi-year contracts.
About Supercritical
Supercritical is the leading carbon removal marketplace. It builds the commercial architecture that turns carbon
removal promises into delivered tonnes, sourcing, creating, and guaranteeing supply for 200+ corporate buyers
through exclusive partnerships, three-layer delivery protection, and a science team that advises SBTi on CDR
standards. Nearly 2M tonnes facilitated. 600+ suppliers tracked across 80% of the global durable carbon removal
market. gosupercritical.com
About Jain (NSE: JISLJALEQS | BSE: 500219)
Jain Irrigation Systems Limited (JISL) is an Indian multinational and the world's largest micro-irrigation systems
provider. Founded in 1963, it has worked with more than 10 million farmers and operates across micro-irrigation,
piping systems, HDPE and PVC pipes, plastic sheets, agri-processed foods, tissue culture, and renewable energy.
JISL has annual revenues of about $750 million, runs manufacturing plants in 22 locations worldwide, employs more
than 9,000 people, and has supplied products to more than 120 countries. It has supply relationships with global
consumer goods companies including Unilever, Nestlé, General Mills, and Coca-Cola, and the International Finance
Corporation (IFC) has invested more than $130 million in the company. JISL was an early pioneer of IoT in
agriculture, and its “More Crop Per Drop” approach has raised productivity for smallholder farmers around the world.
All JISL businesses are guided by its founding vision: “Leave this world better than you found it.” jains.com
Contact
Pat Adams / pat@gosupercritical.com
Atin Tyagi / tyagi.atin@jains.com