JAINRECNSEJain Resource Recycling LimitedHighNegative
Announced Mon, 18 May · 19:53 IST

Jain Resource Recycling Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement Changes View source PDF

JAINREC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-13.8%1-day move
₹455.00
prior close
₹452.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-8.0-11.9-10.9-14.6-13.8-16.4-14.7-13.5-12.3-18.3-25.6-17.4-28.2
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AI summary

Mr. Bibhu Kalyan Rauta has tendered his resignation as Company Secretary and Compliance Officer of Jain Resource Recycling Limited, effective 20th June 2026. He cited pursuit of an alternate career opportunity outside the company as the reason. The resignation comes with a two-month notice period as per his appointment letter dated August 8, 2024. Rauta has committed to ensuring a smooth transition of responsibilities before departure. He thanked the Board, CFO, Senior Management, and colleagues for their support during his tenure.

Likely market impact

The departure of the Company Secretary and Compliance Officer creates a key governance gap. The company will need to appoint a replacement to maintain regulatory compliance and ensure proper filings with stock exchanges and MCA.