Jain Resource Recycling Limited (JAINREC)
Giving guarantees/indemnity/ becoming a surety for third party
Corporate guarantees of Rs 150 crore provided for wholly owned subsidiary Jain Green Technologies Pvt Ltd. Guarantees split as Rs 50 crore to Yes Bank and Rs 100 crore to RBL Bank. Approved by Borrowing and Investment Committee on Oct 13, 2026. Guarantees secure working capital and short-term credit facilities. Treated as contingent liability with no immediate cash outflow.
Source: Original filing PDF
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🚨 JAINREC — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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