Jain Resource Recycling Q4 FY26 Results: Approves Auditors, Cost Auditor, and New Plant Capex
Jain Resource Recycling Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board approved the appointment of joint internal auditors and a cost auditor for FY27. A new plastic recycling plant with a capex of ₹15 crores is planned for Q3 FY27. The Company Secretary resigned effective June 20, 2026.
The approval of financial results and auditor appointments are standard corporate actions. The planned capex for a new plastic recycling facility indicates future growth and operational expansion, which could have a medium-term impact on the company's business. The resignation of a key managerial personnel might require some adjustment.
The announcement reports routine financial results, auditor appointments, and a new capex plan, with a key managerial personnel resignation. While the capex is positive for future growth, the resignation introduces some uncertainty. Overall, the information is factual and balanced.
Jain Resource Recycling Limited (JAINREC) announced the outcome of its Board Meeting held on May 18, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.
The company also appointed M/s. SKK & Co. and M/s. RKVT and Co. as Joint Internal Auditors for the financial year 2026-27. Mr. B. Venkateswar was appointed as the Cost Auditor for the same financial year.
Furthermore, the Board approved the establishment of a new Plastic Recycling Facility with an estimated capital expenditure of ₹15 crores, expected to be operational by the third quarter of FY27.
In personnel changes, Mr. Bibhu Kalyan Rauta resigned from his position as Company Secretary, Compliance Officer, and Key Managerial Personnel, with his resignation effective June 20, 2026, due to personal commitments.
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Jain Resource Recycling Limited filed this with the NSE as a statutory disclosure, categorised under other results related. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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