Jain Ikon Global Ventures FZC

Jain Resource Recycling executed a loan conversion agreement with its subsidiary Jain Ikon Global Ventures FZC on August 25, 2026. The agreement converts an outstanding loan of AED 1,70,64,000 (~INR 4

Jain Resource Recycling converts AED 17.064M loan to equity in subsidiary Jain Ikon, increasing stake from 70% to 99.74%. Transaction involves no fresh cash outflow and is valued at AED 1500 per share