Jain Irrigation Systems Limited has informed the Exchange regarding a press release dated August 22, 2025, titled "Press Release Jain Irrigation Honoured with the Smart Banana Farm- Tech Promotion Award by ICAR NRCB".
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Jain Irrigation Systems Ltd. (JISL) has been awarded the 'Smart Banana Farm-Tech Promotion Award' by ICAR–National Research Centre for Banana (NRCB) at its 32nd Foundation Day-cum-Kisan Mela in Tiruchirappalli on August 21, 2025. The award recognises JISL's contributions to banana farming through its tissue culture plants, drip irrigation, fertigation technologies, and IoT-based smart farming tools. The company's Jalgaon-based Hi-Tech Plant Factory produces over 150 million banana plants annually, and its technologies are credited with helping India export 759,760 metric tons (about 36,500 containers) of bananas in FY25. JISL employs over 9,000 people across 22 global manufacturing locations and reports revenues of approximately USD 750 million.
This is a non-financial recognition that boosts JISL's brand visibility in the agri-tech and banana export space but has no direct impact on earnings, share price, or shareholder value. It reinforces the company's positioning as a leader in tissue culture and precision farming, which may support future business opportunities in domestic and export markets.