JAINRECNSEJain Resource Recycling LimitedMediumNeutral
Announced Mon, 18 May · 14:44 IST

Jain Resource Recycling Limited has informed the Exchange regarding Resignation of Mr. Bibhu Kalyan Rauta as Company Secretary & Compliance Officer of the company w.e.f. Jun 20, 2026.

Kmp ResignedManagement Changes View source PDF

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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
-30.7%1-day move
₹564.15
prior close
₹520.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.3-8.1-10.1-10.9-30.7-30.5-32.5-31.2-30.2-29.8-34.1-34.5-42.1
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AI summary

Jain Resource Recycling Limited has announced the resignation of Mr. Bibhu Kalyan Rauta from the position of Company Secretary & Compliance Officer, effective June 20, 2026. The Company Secretary role is a Key Managerial Personnel (KMP) position responsible for regulatory compliance, board procedures, and statutory filings under the Companies Act. His departure could create a temporary gap in compliance oversight and governance functions. The company has not yet announced a replacement for this critical role. This is a mid-term resignation notice at the senior management level.

Likely market impact

The stock may see minor negative sentiment as the departure of a compliance officer can raise concerns about regulatory adherence and governance continuity. Investors should monitor for a timely replacement announcement to mitigate governance risk.