Jain Resource Recycling MD, chairman and AGM

Mutual fund votes, meeting of 27 Aug 2026, 14 fund houses

Mutual fund votes, meeting of 30 Jul 2026, 15 fund houses

Mutual fund votes, meeting of 26 Apr 2026, 6 fund houses

Mutual fund votes, meeting of 18 Jan 2026, 8 fund houses

• Tax disputeCBICSince 6 Jun 2018
  No development since the last disclosure
  At the filing before: It 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.MoreLess
• Tax disputeCBICSince 12 Jan 2022
  No development since the last disclosure
  At the filing before: Pursuant 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.MoreLess
• Tax disputeCBICSince 11 Aug 2022
  No development since the last disclosure
  At the filing before: Jain 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 However, the Certificate of Origin issued in favour of Malaysia Smelting Corporation was revoked.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 was rejected. Subsequently, the Company has filed an appeal before CESTAT and the matter is pending.MoreLess
• Tax disputeCBICSince 6 Feb 2024
  No development since the last disclosure
  At the filing before: Further 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 Rs. 9,00,448 penalty amount). Jain Metal Rolling Mills has appealed the matter before GST Appellate Authority and the matter is pending.MoreLess
• Tax disputeCBICSince 24 Feb 2024
  No development since the last disclosure
  At the filing before: Demand raised by the department alleging 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, the assessee has filed an appeal before the GST Authority and the matter is pending.MoreLess
• Tax disputeCBICSince 24 Feb 2024
  No development since the last disclosure
  At the filing before: Demand raised by the department alleging 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.MoreLess
• Tax disputeCBICSince 20 Mar 2024
  The Company has received a favourable order from the Department wherein the demand proposing the recovery of transitional credit amounting to Rs. 7,76,893/- under Section 73 of the CGST Act, 2017, is set aside. Consequently, the demand for consequential interest under Section 50 and the penalty imposed under Section 73 also stands set aside.MoreLess
  At the filing before: Demand raised by the department alleging 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 had filed an appeal before GST Appellate Authority and the matter was pending.MoreLess
• Tax disputeCBICSince 26 Jun 2024
  No development since the last disclosure
  At the filing before: Demand raised by the department alleging 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, the assessee has filed an appeal before the GST Appellate Authority and the matter is pending.MoreLess

In the company's own words, from its latest governance filing.

The board is made up as the listing rules require

Yes

The board has a regular chairperson

Yes

The company has a risk management committee

Yes

The chair is related to the managing director

Yes

The filing has a part on fines and penalties

No

The filing has a part on tax disputes

Yes

There was a cyber security incident in the quarter

No

The company's own answers in its filing.