5445372025-10-012025-12-315445372025-12-315445372025-10-012025-12-31CompositionOfBoardOfDirectors15445372025-12-31CompositionOfBoardOfDirectors15445372025-10-012025-12-31CompositionOfBoardOfDirectors25445372025-12-31CompositionOfBoardOfDirectors25445372025-10-012025-12-31CompositionOfBoardOfDirectors35445372025-12-31CompositionOfBoardOfDirectors35445372025-10-012025-12-31CompositionOfBoardOfDirectors45445372025-12-31CompositionOfBoardOfDirectors45445372025-10-012025-12-31CompositionOfBoardOfDirectors55445372025-12-31CompositionOfBoardOfDirectors55445372025-10-012025-12-31CompositionOfBoardOfDirectors65445372025-12-31CompositionOfBoardOfDirectors65445372025-10-012025-12-31CompositionOfBoardOfDirectors75445372025-12-31CompositionOfBoardOfDirectors75445372025-10-012025-12-31CompositionOfBoardOfDirectors85445372025-12-31CompositionOfBoardOfDirectors85445372025-10-012025-12-31CompositionOfCommittees145445372025-12-31CompositionOfCommittees145445372025-10-012025-12-31CompositionOfCommittees155445372025-12-31CompositionOfCommittees155445372025-10-012025-12-31CompositionOfCommittees165445372025-12-31CompositionOfCommittees165445372025-10-012025-12-31CompositionOfCommittees415445372025-12-31CompositionOfCommittees415445372025-10-012025-12-31CompositionOfCommittees425445372025-12-31CompositionOfCommittees425445372025-10-012025-12-31CompositionOfCommittees435445372025-12-31CompositionOfCommittees435445372025-10-012025-12-31CompositionOfCommittees685445372025-12-31CompositionOfCommittees685445372025-10-012025-12-31CompositionOfCommittees695445372025-12-31CompositionOfCommittees695445372025-10-012025-12-31CompositionOfCommittees705445372025-12-31CompositionOfCommittees705445372025-10-012025-12-31CompositionOfCommittees1225445372025-12-31CompositionOfCommittees1225445372025-10-012025-12-31CompositionOfCommittees1235445372025-12-31CompositionOfCommittees1235445372025-10-012025-12-31CompositionOfCommittees1245445372025-12-31CompositionOfCommittees1245445372025-12-31MeetingOfBoardOfDirectors15445372025-10-012025-12-31MeetingOfBoardOfDirectors15445372025-12-31MeetingOfBoardOfDirectors25445372025-10-012025-12-31MeetingOfBoardOfDirectors25445372025-12-31MeetingOfBoardOfDirectors35445372025-10-012025-12-31MeetingOfBoardOfDirectors35445372025-12-31MeetingOfBoardOfDirectors45445372025-10-012025-12-31MeetingOfBoardOfDirectors45445372025-12-31MeetingOfBoardOfDirectors55445372025-10-012025-12-31MeetingOfBoardOfDirectors55445372025-12-31MeetingOfBoardOfDirectors65445372025-10-012025-12-31MeetingOfBoardOfDirectors65445372025-10-012025-12-31MeetingOfCommittees15445372025-12-31MeetingOfCommittees15445372025-10-012025-12-31MeetingOfCommittees25445372025-12-31MeetingOfCommittees25445372025-10-012025-12-31MeetingOfCommittees35445372025-12-31MeetingOfCommittees35445372025-10-012025-12-31MeetingOfCommittees45445372025-12-31MeetingOfCommittees45445372025-10-012025-12-31MeetingOfCommittees55445372025-12-31MeetingOfCommittees55445372025-09-305445372025-12-31UnlistedCompanyDomain15445372025-10-012025-12-31UnlistedCompanyDomain15445372025-09-30UnlistedCompanyDomain15445372025-12-31ImpositionOfFineOrPenaltyDomain15445372025-12-31OngoingTaxLitigationsOrDisputesDomain15445372025-12-31OngoingTaxLitigationsOrDisputesDomain25445372025-12-31OngoingTaxLitigationsOrDisputesDomain35445372025-12-31OngoingTaxLitigationsOrDisputesDomain45445372025-12-31OngoingTaxLitigationsOrDisputesDomain55445372025-12-31OngoingTaxLitigationsOrDisputesDomain65445372025-12-31OngoingTaxLitigationsOrDisputesDomain75445372025-12-31OngoingTaxLitigationsOrDisputesDomain85445372025-12-31OngoingTaxLitigationsOrDisputesDomain95445372025-12-31OngoingTaxLitigationsOrDisputesDomain105445372025-12-31OngoingTaxLitigationsOrDisputesDomain115445372025-12-31OngoingTaxLitigationsOrDisputesDomain125445372025-12-31OngoingTaxLitigationsOrDisputesDomain135445372025-12-31OngoingTaxLitigationsOrDisputesDomain145445372025-12-31OngoingTaxLitigationsOrDisputesDomain155445372025-12-31OngoingTaxLitigationsOrDisputesDomain16xbrli:pure544537JAINRECNOTLISTEDINE0YD401026JAIN RESOURCE RECYCLING LIMITED2025-04-012026-03-31Quarterly2025-12-31EquitytruetruetruetruetruefalseAny othertruecomj00437Revision1. Position of Chairperson and Managing Director is held by the same person.Further, Mr. Kamlesh Jain, being a Promoter of the Company, is categorised as Chairperson related to Promoter in the XBRL filing. 2. Mr. Mayank Pareek is the Joint Managing Director. hence, categorized as MDtruetrueMrKamlesh Jain******01447952Executive DirectorChairperson related to PromoterMD1968-06-30falseActiveNA2022-09-301000MrMayank Pareek******00595657Executive DirectorNot ApplicableMD1972-11-01falseActiveNA2025-02-251020MrHemant Shantilal Jain******06545627Executive DirectorNot Applicable1984-05-09falseActiveNA2025-02-251010MrSanchit Jain******08751991Executive DirectorNot Applicable1996-12-01falseActiveNA2025-10-211000MrRajendra Kumar Prasan******00835879Non-Executive - Independent DirectorNot Applicable1970-05-13falseActiveNA2025-03-199.132231MsRevathi Raghunathan******01254043Non-Executive - Independent DirectorNot Applicable1966-03-23falseActiveNA2025-03-199.134462MrJayaramakrishnan Kannan******06551104Non-Executive - Independent DirectorNot Applicable1954-03-24falseActiveNA2025-03-199.132200MrKandaswamy Paramasivan******10918218Non-Executive - Independent DirectorNot Applicable1963-04-30falseActiveNA2025-03-199.131100truetruetruetrueAudit Committee01254043Revathi RaghunathanNon-Executive - Independent DirectorChairperson2025-03-21Audit Committee10918218Kandaswamy ParamasivanNon-Executive - Independent DirectorMember2025-03-21Audit Committee00595657Mayank PareekExecutive DirectorMember2025-03-21Nomination and remuneration committee10918218Kandaswamy ParamasivanNon-Executive - Independent DirectorChairperson2025-03-21Nomination and remuneration committee01254043Revathi RaghunathanNon-Executive - Independent DirectorMember2025-03-21Nomination and remuneration committee06551104Jayaramakrishnan KannanNon-Executive - Independent DirectorMember2025-03-21Stakeholders Relationship Committee00835879Rajendra Kumar PrasanNon-Executive - Independent DirectorChairperson2025-03-21Stakeholders Relationship Committee06545627Hemant Shantilal JainExecutive DirectorMember2025-03-21Stakeholders Relationship Committee00595657Mayank PareekExecutive DirectorMember2025-03-21Corporate Social Responsibility Committee06551104Jayaramakrishnan KannanNon-Executive - Independent DirectorChairperson2025-03-21Corporate Social Responsibility Committee01447952Kamlesh JainExecutive DirectorMember2025-03-21Corporate Social Responsibility Committee00595657Mayank PareekExecutive DirectorMember2025-03-21The details of the second Board Meeting on September 18, 2025 is not getting captured in the XBRL. Hence, the details are provided below: Date of Board Meeting - September 18, 2025. Out of 7 Directors, 3 Directors were present, of which 3 were Independent Directors.2025-08-24true7742025-09-0612true7742025-09-18true7742025-09-26true7742025-10-08true7742025-10-21true774Audit Committee2025-08-24true3320Audit Committee2025-09-0612true3320Audit Committee2025-09-1811true3320Audit Committee2025-10-2132true3320Nomination and remuneration committee2025-10-21true3320truetruetruetrueNAtruetruefalseBIBHU KALYAN RAUTACompany Secretary and Compliance OfficerfalseBIBHU KALYAN RAUTACompany Secretary and Compliance OfficerChennai2026-04-0101100Jain CY Circular Solutions Private Limited2025-12-0800.94550.9455Securities Exchange Board of India (SEBI)Adjudication order imposing monetary penalty of Rs. 25,00,000/- (Rupees Twenty Five Lakh Only) under Section 15G of the SEBI Act, 1992, on Mr. Kamlesh Jain, Promoter of the Company & Jain Family Trust (through its trustee Mr. Kamlesh Jain)2025-12-12It was alleged that Mr. Kamlesh Jain (“Noticee 2”) and Jain Family Trust (through its trustee Mr. Kamlesh Jain) (“Noticee 3”) had traded in the scrip of Refex Industries Limited, while in possession/ on the basis of Unpublished Price Sensitive Information and made unlawful gains of %12.33 lakh. Therefore, it was alleged that the Noticee 2 & 3 had violated the provisions of Section 12A(e) of SEBI Act read with regulation 3(1) of SEBI PIT Regulations and certain entities had violated the provisions of section 12A(d) and (e) of SEBI Act read with regulation 4(1) of SEBI PIT Regulations. The alleged contravention does not in any way relate to the shares of the Company.The said order does not have any impact on the financial position, business, or operations of the Company, as the matter pertains to the Promoter and his family trust in their personal capacity.CBIC2022-01-12Not ApplicablePursuant to the search conducted at 5 premises of Jain Metal Rolling Mills and its promoter on December 3, 2014, the Commissioner of GST & Central Excise has passed an order on September 30, 2021 alleging that the assessee has removed Lead Ingots from the Factory during the period March 2014 to November 2014 without payment of applicable Excise duty of Rs. 3,22,50,249 and non-payment of excise duty on Plastic recovered from Battery Scrap Rs. 26194 including interest. The same has been alleged by the department based on the Packing Slips which did not have corresponding Excise Invoices. Further, the department has alleged that applicable service tax has not been paid on the Packing and Forwarding charges. Appeal was filed by the Assessee before Customs, Excise and Service Tax Appellate Tribunal on January 12, 2022 and the matter is pending before CESTAT.CBIC2018-06-06Not ApplicableIt has been alleged by the department that Jain Metal Rolling Mills has availed CENVAT credit based on invoices during the month of June 2012 from Moral Alloys Private Limited although goods have not been actually received. Further to the personal hearing of the assessee, the Asst. Commissioner of GST & Central Excise has issued an order dated June 6, 2018 levying penalty of Rs. 37,96,211, being the excise duty on these invoice for which CENVAT credit has been availed by the assessee. The assessee has made an appeal against the same before Commissioner (Appeals) Central Excise during September 2018 and the matter is pending before Commissioner (Appeals). The assessee has made a pre-deposit of 7.50% of the demand for the purpose of filing the appeal.CBIC2022-08-11Not ApplicableJain Metal Rolling Mills had purchased TIN ingots from Malaysia Smelting Corporation, Malaysia and had availed preferential duty under Notification 46/2011. However, the Certificate of Origin issued in favour of Malaysia Smelting Corporation was revoked. Hence the department had raised duty demand of Rs. 1,33,53,434 on Jain Metal Rolling Mills. The Company had filed a writ petition before the Madras High Court to quash the show cause notice. However, the same was dismissed by the Madras High Court. Further to this, the Company filed an appeal before Commissioner of Customs (Appeal) which rejected the appeal. Subsequently, the Company has filed an appeal before CESTAT and the matter is pending.CBIC2024-02-06Not ApplicableFurther to the audit of records of Jain Metal Rolling Mills for the period July 2017 to March 2020, the department has raised a demand that the assessee has claimed excess ITC when compared between GSTR 2A and GSTR 3B, non-payment of tax under RCM, short payment of IGST and wrong availment of ineligible ITC. The amount of demand is Rs. 92,19,535 (including 9,00,448 penalty amount). Jain Metal Rolling Mills has appealed the matter before GST Appellate Authority and the matter is pending.CBIC2024-03-20Not ApplicableDemand raised by the department alledging wrong carried forward of CENVAT credit for the period 2017-18 to the tune of Rs. 7,76,893, interest of Rs. 8,55,902 and penalty of Rs. 77,689. Further to this, the assessee has filed an appeal before GST Appellate Authority and the matter is pending.CBIC2024-02-24Not ApplicableDemand raised by the department alledging delay in filing of returns and applicable interest and excess input tax credit availed by the assessee for the period 2021-22 when compared with GSTR 2A. The amount of demand is Rs. 31,54,892. Further to this, the assessee has filed an appeal before GST Appellate Authority and the matter is pending.CBIC2024-02-24Not ApplicableDemand raised by the department alledging delay in filing of returns and applicable interest and difference in stock for the period 2022-23 (physical stock vs system stock). The amount of demand is Rs. 1,10,361. Further to this, the assessee has filed an appeal before GST Appellate Authority and the matter is pending.CBIC2025-03-03Not Applicable1. Department has sent a communication dated October 1, 2024 intimating discrepancies in the GST Return filed by the Company on the following: a) Excess input credit claimed when compared between GSTR 3B and GSTR 2A - Rs. 8,28,083 b) Interest for late payment of tax under GSTR 3B - Rs. 2,147 c) Interest on late payment of RCM - Rs. 16,163 d) late fee for delay in filing GSTR 3B and GSTR 1 - Rs. 3,350 2. Notice received from the GST department dated October 4, 2024 intimating discrepancies in the GST return in respect of difference in ITC availed in respect of Import of goods show in GSTR 3B and GSTR 2A to the tune of Rs. 1,93,23,399 Consequently, combined order dated 27-02-25 for the 2 cases was passed amounting to Rs.2,32,48,558/- as the demand (inclusive of interest).CBIC2025-06-27Not ApplicableAudit for the period April 2020 to March 2023 was conducted by the GST department. The department has issued the audit report with the following observations: a) short payment of GST when compared between GSTR 1 and GSTR 3B - Rs. 61,501 b) non-payment of interest for delayed payment - Rs. 104,537 c) non-reversal of ITC in GSTR 3B - Rs. 86,96,656 d) non-payment of GST under RCM - Rs. 4,708 e) non-reversal of ITC as supplier not filed GSTR 3B - Rs. 2506 A new order was issued on 28 February 2025 with below remarks, 1)Dropped liability of c point mentioned above to 34,21,080 2)Ordered for recovery of 68,715(as mentioned in points a,d,e above) 3)Ordered for recovery of 53,263 as interest and 3,48,978 as penaltyCBIC2024-08-06Not ApplicableNotice received from Additional Commissioner of Customs dated August 6, 2024 informing that the Lead Scrap Radio imported by Jain Resource Recycling Private Limited from M/s. Vector Freight Forwarders is to be categorised as ammunition and required license to import. In view of this, the goods valued at Rs. 28.64 lakhs was confiscated and a penalty of Rs. 290,000 has been imposedCBIC2024-10-10Not ApplicableNotice received from Additional Commissioner of Customs dated October 10, 2024 informing that Lead Scrap Rails imported by Jain Resource Recycling Private Limited are liable to be confiscated as the importer has not produced mandatory Pre-Shipment Inspection Certificate. In view of this, the goods valued at Rs. 62.42 lakhs has been confiscated with an option to the importer to redeem the good after payment of a fine of Rs. 10,000. Also, a penalty of Rs. 25000 has been leviedCBIC2024-07-27Not ApplicableShow Cause Notice issued by the Office of the Commissioner of Customs, Chennai dated June 27, 2024 alledging that Copper Scrap Druid as Perisri and other imported by Jain Recycling under Advance Authorisation for deemed exports and hence the importer is not eligible for exemption from IGST as claimed by the importer. In view of this, the importer is liable to pay Rs. 1,55,01,978 towards short payment of IGST along with interest and penalty. Penalty imposed equals the amount of differential liability being paid. Further, order stated that, as the goods have already been cleared, a redemption fine of 50 Lakh is imposed.CBIC2024-06-26Not ApplicableDemand raised by the department alledging difference of input tax credit in annual return and applicable interest and non reversal of blocked credit for the period 2020-21 . The amount of demand is Rs. 7,72,774. Further to this, the assessee has filed an appeal before GST Appellate Authority and the matter is pending.DT - Income Tax Department2025-11-20Not ApplicableAn Order u/s. 143(3) read with section 144B of the Income tax Act has been passed on March 2025 resulting in a demand of Rs. 2,58,49,640/- along with an Interest of Rs.31,01,952/-. A appeal vide Form 35 has been filed by the Company. Appeal has allowed by the department and final demand received for Rs. 6,69,680/-DT - Income Tax Department2024-10-28Not ApplicableSection 143(1)(b) - Difference in TDS/TCS Credits - Intimation dated October 28, 2024 received under Section 143(1) demanding tax of Rs. 82,530. The same pertains to difference between the TDS credit claimed by the assessee and the credit allowed by the department in the intimation. The Company has replied to the department on November 16, 2024.DT - Income Tax Department2021-12-30Not ApplicableSection 143(1)(a) - EPF Contribution Disallowance - In the intimation under Section 143(1) dated December 30, 2021,demanding tax of Rs.62,050 the department has disallowed the EPF contribution alledging that the said contribution for the month of March 2020 was paid after the due date. The assessee has responded that the payment was made on March 16, 2020 which was the due date as the actual due date of March 15, 2020 was a Sunday.