BSECompany Update3d ago · 28 Jul 2026, 07:48 pm

Jain Resource Recycling Limited has informed the exchange on the permission to recommence the operations at manufacturing facility pursuant to the Order from Directorate of Industrial Safety & Health

Jain Resource Recycling Ltd · 544537

✦ AI SummaryRegulatory

Jain Resource Recycling Ltd has informed the exchange that it has received permission to recommence manufacturing operations at its Unit-II manufacturing facility, except for the shed affected by a fire incident on July 14, 2026.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Jain Resource Recycling Ltd - 544537 - Disclosure Of Material Issue

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JAIN RESOURCE RECYCLING LIMITED (Formerly Known as Jain Resource Recycling Private Limited) Date: July 28, 2026 JRRL/2026-27/0031 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, Subject: Intimation of Permission to Resume Manufacturing Operations at Manufacturing Facility This is in continuation to our letter dated July 15, 2026, wherein the Company had informed the Stock Exchanges regarding the Prohibition Order issued under Section 40(2) of the Factories Act, 1948 by the Joint Director-I, Industrial Safety and Health, Chennai, Tamil Nadu, in connection with the fire incident that occurred on July 14, 2026 at the Company's Unit-II manufacturing facility situated at Plot Nos. R1, R2 and R3, SIPCOT Industrial Complex, Pappankuppam Village, Gummidipoondi Taluk, Tiruvallur District – 601 201, Tamil Nadu. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Director of Industrial Safety and Health, Chennai, acting as the Appellate Authority under Section 107 of the Factories Act, 1948, vide Order No. C3/18838/2026 dated July 27, 2026, has permitted the Company to recommence manufacturing operations at its Unit-II manufacturing facility, except for the shed affected by the fire incident on July 14, 2026. The said order has been passed pursuant to a review petition filed by the Occupier of the Company and upon consideration of the inspection report submitted by the Additional Director, Industrial Safety and Health, Chennai, following a re-inspection conducted on July 25, 2026. The inspection report confirmed that the deficiencies identified in the Prohibition Order in respect of the manufacturing areas of Unit-II for which resumption of operations has been permitted under the said order have been satisfactorily rectified and the requisite safety measures have been implemented. Renovation and restoration activities in respect of the manufacturing shed affected by the fire incident are in full swing, and the Company is taking all necessary steps to complete the requisite statutory and safety-related compliances at the earliest. The Company will periodically update the progress of the renovation works and the regulatory approvals required for recommencement of manufacturing operations in the said shed. 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’ The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are provided below: Sr. Particulars Details a) Existing capacity addition or product launch Not Applicable b) Whether the event is expected to have any The order permits the Company to recommence material impact on the Company manufacturing operations at its Unit-II manufacturing facility, except for the manufacturing shed affected by the fire incident dated July 14, 2026. c) Details of the event Pursuant to the order dated July 27, 2026 issued by the Director of Industrial Safety and Health, Chennai, the Company has been permitted to resume manufacturing operations at its Unit-II manufacturing facility, excluding the manufacturing shed affected by the fire incident dated July 14, 2026, subject to compliance with the conditions specified therein. Renovation and restoration activities in the affected shed are underway, and the Company is undertaking the requisite statutory, safety and regulatory compliances for recommencement of manufacturing operations in the said shed. d) Date of occurrence of event / information July 27, 2026 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