Jain Resource Recycling Limited (JAINREC)
Statement of deviation(s) or variation(s) under Reg. 32
Statement of deviation or variation under Reg. 32 for Q2 FY27
- No deviation or variation in utilization of IPO proceeds for quarter ended Sep 30, 2026
- IPO raised Rs 12,500 million on Sep 26, 2025; proceeds fully utilized as per objects
- Board revised general corporate purposes allocation from Rs 591.08m to Rs 986.43m on Feb 9, 2026
- Rs 36.64m issue expenses unutilized as of Sep 30, 2026, moved to general corporate purposes post quarter
- Previous deviation of Rs 540m repayment of promoter loan ratified by shareholders on Apr 26, 2026
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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