Jain Resource Recycling: Outcome of Circular Resolution passed by the Board of Directors Approving 1
Jain Resource Recycling (JAINREC) filed a disclosure titled "Outcome of Circular Resolution passed by the Board of Directors Approving 1". The company is valued at about ₹10,185 crore.
What happened
Jain Resource Recycling (JAINREC) filed a disclosure with the exchanges on 7 October 2026 at 06:08 PM titled "Outcome of Circular Resolution passed by the Board of Directors Approving 1".
Company snapshot
Jain Resource Recycling is a small-cap company in the Metals & Mining sector, with a market value of about ₹10,185 crore.
The stock last traded at ₹295.2, against a 52-week range of ₹271–₹594 (50.3% below the high).
Before this filing the shares had moved +3.8% over the month and −16.0% over three months. Average daily turnover over the last 20 sessions was about ₹53.51 crore.
Promoters held 73.59% at the end of Q1 FY27. Foreign institutions owned 1.23% and domestic institutions 9.73%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,549 | 57.3 | 1.77 |
| Q2 FY26 | 2,114 | 99.3 | 3.06 |
| Q3 FY26 | 2,775 | 127.6 | 3.66 |
| Q4 FY26 | 3,105 | 66 | 1.91 |
| Q1 FY27 | 2,724 | 69.5 | 2.02 |
What history shows
BCEIE's records show 7 previous board meeting filings from the company since May 2026.
After those filings, the stock gained 0.3% on average the next trading day and was down 4.3% on average after five days (6 filings with price data).
Across 24 similar disclosures by other Metals & Mining companies, shares moved −0.4% on average the next day and +0.2% over five days; 46% of them rose the next day.
Market-wide, 2,866 board meeting filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 43% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 18 Sept 2026 | Providing guarantee to Jain CY Circular Solutions P Ltd (Subsidiary… | +5.4% | — |
| 22 Aug 2026 | Re-Constitution Of Committees Of Board Of Directors | −2.5% | −6.4% |
| 22 Aug 2026 | Change in Composition of Committee | −2.5% | −6.4% |
| 28 Jul 2026 | Board Meeting Intimation for Approval Of Unaudited Results For The… | +1.5% | −4.6% |
| 13 Jul 2026 | Providing guarantees to Jain CY Circular Solutions Private Limited… | +0.9% | −3.0% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Is Jain Resource Recycling the Best Stock in Its Sector? A Look at the Numbers
- Jain Resource Recycling - FIIs cut stake in 12 smallcap stocks over 2 quarters; shares fall up to 50% in CY26
- Jain Resource Recycling vs Nifty 50: Returns Compared
- Jain Resource Recycling Files SEBI Compliance Certificate for September Quarter
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.