NSEArrangements for strategic, technical, manufacturing, or marketing tie up1d ago · 31 Oct 2026, 02:48 pm
Arrangements for strategic, technical, manufacturing, or marketing tie up
Jain Irrigation Systems Limited · JISLJALEQS
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Jain Irrigation Systems Limited has entered into an agreement with Supercritical Tech Ltd. for up to 19,000 tonnes of biochar carbon removal credits from its Jalgaon operations for 2026 and 2027.
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Full Announcement
Jain Irrigation Systems Limited has informed the Exchange about Agreement with Supercritical for up to 19,000 Tonnes of Biochar Carbon Removal Credits
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JISLJALEQS_31102026144805_SE_Letter_Regulation_30_Biochar_31102026.pdf
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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 31, 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: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Agreement with Supercritical for up to 19,000
Tonnes of Biochar Carbon Removal Credits
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("SEBI Listing Regulations"), and in continuation of our earlier disclosure
dated October 28, 2026, regarding the press release titled "Supercritical and Jain
Irrigation Sign Deal for Up to 19,000 Tonnes of Biochar Credits", we wish to inform you
that Jain Irrigation Systems Limited has entered into an agreement with Supercritical
Tech Ltd., a carbon removal marketplace, for biochar carbon removal credits covering up to
19,000 tonnes from the Company's operations for 2026 and 2027.
The agreement relates to the Company's industrial biochar facility at Jalgaon, Maharashtra,
which converts agricultural and food-processing residues into biochar through gasification,
contributing to durable carbon removal and sustainable agricultural practices. The project is
undergoing verification through Puro.earth, with an independent BeZero Carbon rating
underway.
The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI
Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are
enclosed herewith as Annexure-I.
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
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
ANNEXURE-I
Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 and in terms of SEBI Circular No.
SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
A. Para B(2)(a)- Arrangements for Strategic, Technical, Manufacturing or Marketing
Tie-up
Particulars Details
Name of the entity(ies) with whom Supercritical Tech Ltd., a carbon removal
agreement / JV is signed marketplace.
Biochar carbon removal credits generated from
2. Area of agreement / JV
the Company's Jalgaon operations.
3. Domestic / International International.
4. Share exchange ratio / JV ratio Not Applicable.
The agreement covers biochar carbon removal
credits generated from the Company's industrial
Scope of business operation of
5. biochar facility situated at Jalgaon, Maharashtra,
agreement / JV
for the years 2026 and 2027, aggregating up to
19,000 tonnes.
Details of consideration paid / As per the commercial terms mutually agreed
received in agreement / JV between the parties under the agreement.
The agreement covers up to 19,000 tonnes of
durable biochar carbon removal credits
generated from the Company's Jalgaon
operations for the years 2026 and 2027. The
Significant terms and conditions of Company's industrial biochar facility converts
agreement / JV in brief agricultural and food-processing residues into
biochar through a gasification process. The
project is undergoing verification through
Puro.earth, with an independent BeZero Carbon
rating underway.
Whether the transaction would fall
within related-party transactions and
whether the promoter / promoter The transaction does not fall within the purview
group / group companies have any of related-party transactions. The promoters /
interest in the entity being acquired? promoter group / group companies have no
If yes, nature of interest and details interest in Supercritical.
thereof and whether the same is done
at arm's length.
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
Supercritical is a London-based carbon removal
marketplace founded in 2021, serving over 200
corporate buyers and tracking more than 600
9. Size of the entity(ies)
suppliers. As at December 31, 2025, it had net
assets of approximately GBP 2.1 million and
cash balances of approximately GBP 4.4 million.
The arrangement facilitates the
commercialisation of biochar carbon removal
credits generated from the Company's Jalgaon
10. Rationale and benefit expected operations, enabling the Company to create
value from agricultural and food-processing
residues while contributing to durable carbon
removal and sustainable agricultural practices.
B. Para B(5) – Agreements which are Binding and Not in the Normal Course of
Business
Particulars Details
Name(s) of parties with whom the Jain Irrigation Systems Limited and Supercritical
agreement is entered Tech Ltd., a carbon removal marketplace.
To establish a commercial arrangement for
Purpose of entering into the
2. biochar carbon removal credits generated from
agreement
the Company's Jalgaon operations.
The agreement covers up to 19,000 tonnes of
biochar carbon removal credits from the
3. Size of agreement
Company's Jalgaon operations for the years 2026
and 2027.
Shareholding, if any, in the entity The Company does not hold any shareholding in
with whom the agreement is executed Supercritical Tech Ltd.
The agreement covers up to 19,000 tonnes of
durable biochar carbon removal credits
generated from the Company's industrial biochar
Significant terms of the agreement (in
5. facility situated at Jalgaon, Maharashtra, for the
brief), including special rights, if any
years 2026 and 2027. The project is undergoing
verification through Puro.earth, with an
independent BeZero Carbon rating underway.
Whether the parties are related to
promoter / promoter group / group The parties are not related to the promoters,
companies in any manner. If yes, promoter group or group companies.
nature of relationship
Whether the transaction would fall The transaction does not fall within the purview
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
within related-party transactions? If of related-party transactions.
yes, whether the same is done at
arm's length
In case of issuance of shares to the
8. parties, details of issue price and class Not Applicable.
of shares issued
Any other disclosures related to such
No nominee on the Board of Directors of the
agreements, viz., details of nominee
Company is contemplated under the agreement.
9. on the Board of Directors of the listed
No conflict of interest is envisaged in connection
entity, potential conflict of interest
with the agreement.
arising out of such agreements, etc.