EGM notice on July 30 to add telecom infrastructure as new business
JAINREC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jain Resource Recycling has called an EGM on July 30, 2026 at 11 AM via video conferencing to seek shareholder approval for a special resolution to amend its Memorandum of Association. The change adds new main objects covering telecom cables, optical fibre cables, telecom towers, broadband infrastructure, and allied communication systems. Currently in metal recycling and metal-coated wires and cables, the company plans to diversify into telecom and digital infrastructure. Remote e-voting runs July 27 to 29, with cut-off date July 24, 2026.
Signals diversification into telecom infrastructure. Could be positive for long-term growth if approved. No change to existing business.