18-Sept-2026 20:17:54
JAINRECGeneral news
JAIN RESOURCE RECYCLING LIMITED : ADDITIONAL CORPORATE GUARANTEE FOR SUBSIDIARY
• Additional corporate guarantee of up to INR 50 Crore in favour of ICICI Bank Limited. • The guarantee will secure credit facilities for Jain CY Circular Solutions Private Limited, a subsidiary. • This is the second tranche within an overall limit of INR 200 Crore, approved on July 13, 2026. • The company states promoters/promoter group do not hold shares in the subsidiary and the transaction is at arm's length. • Impact on listed entity: contingent liability, no immediate cash outflow. Impact: Neutral (Routine corporate guarantee for subsidiary funding)
Jain Resource Recycling Limited
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