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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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.