Jain Resource Recycling Share Price in Focus; Appoints Two Independent Directors, Reconstitutes Key Board Committees

Jain Resource Recycling Limited has appointed Kajal Mayur Saiya and Prakash Kumar Behra as Independent Directors. The appointments were approved at a board meeting held on August 22, 2026, and were announced on the same day. 

Both have been appointed against vacancies created by the resignation of existing Independent Directors. Their terms will run until 18 March 2028, subject to approval from the company’s members. 

Revathi Raghunathan Resigns 

Independent Director Revathi Raghunathan stepped down on 19 August 2026 for personal reasons, with no other material reason cited for her resignation.  

Her exit also led to changes in the Audit Committee and Nomination and Remuneration Committee, with Saiya filling the vacant board position. 

Another Vacancy Filled 

The second appointment follows the resignation of Kandaswamy Paramasivan, whose departure took effect on 3 August 2026. Behra has been appointed against the vacancy created by his resignation. 

Behra is a retired Principal Commissioner of the Indian Revenue Service and has more than 30 years of experience in Customs, GST, Central Excise and trade facilitation. He has also worked in tax administration, investigation, and regulatory compliance. 

Details of Saiya’s Appointment 

Saiya has been appointed as an Independent Woman Director. Her experience spans over 14 years and covers corporate laws, governance, regulatory compliance, board processes, and secretarial practice. 

Her work has included advising companies on board processes, corporate restructuring, statutory compliance, due diligence, and share capital matters. She will serve for the remaining term of the vacancy until March 2028. 

Board Committees Reconstituted 

The appointments have also resulted in changes to the Audit Committee and the Nomination and Remuneration Committee. Rajendra Kumar Prasan now chairs the Audit Committee, while Saiya has joined as a member. 

Jayaramakrishnan Kannan is the Chairman of the Nomination and Remuneration Committee, where Behra has been appointed as a member. 

Read More: Bajel Projects Share Price Surges Over 3%; Declared Successful Bidder for Lakadia Inter-State Transmission Project! 

Jain Resource Recycling Share Price Performance  

As of August 21, 2026, 3:30 pm, Jain Resource Recycling Ltd share price was trading at ₹295.05, down 1.57% from the previous closing price. 

Conclusion 

The board changes follow two Independent Director resignations in August. Jain Resource Recycling has filled both vacancies and revised the composition of its two key board committees. 

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