Param Value Investments reduces stake in Siyaram Recycling Industries Ltd

Param Value Investments has reduced its shareholding in Siyaram Recycling Industries Ltd. by disposing of 10,12,500 equity shares through open market transactions. The sale, executed between April 23, 2026, and May 25, 2026, lowered the acquirer's stake from 6.138% to 1.492% of the total voting capital.

The disclosure was submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer, Mukul Agrawal, acting through Param Value Investments, clarified that neither entity belongs to the promoter or promoter group of the target company.

Transaction Details

The transaction involved the sale of shares carrying voting rights. No other instruments such as warrants or convertible securities were involved in the acquisition or disposal. The total equity share capital of Siyaram Recycling Industries Ltd. remained unchanged at 2,17,89,212 equity shares of ₹10 each, aggregating to ₹21,78,92,120.

Holding Details	Number of Shares	% of Total Shares/Voting Capital
Before Acquisition
Shares carrying voting rights	13,37,500	6.138%
Acquisition/Sale
Shares sold	10,12,500	4.647%
After Acquisition
Shares carrying voting rights	3,25,000	1.492%

The shares of Siyaram Recycling Industries Ltd. are listed on BSE Limited. The filing confirmed that the diluted share capital remains identical to the total voting capital as there are no outstanding convertible securities or warrants.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.62%	+9.02%	-5.59%	-47.44%	-72.84%	-35.93%

Siyaram Recycling Industries Limited has secured a new order worth Rs 1,96,94,068 from Anurag Impex for the supply of Brass Scrap Honey. The order, secured on May 29, 2026, represents a fixed-cost contract with a domestic entity and is scheduled for execution within 7 days. This development was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.

The Managing Director, Bhavesh Ramgopal Maheshwari, confirmed that the transaction does not fall within related party transactions and that no promoter or group company holds an interest in the entity awarding the order. The disclosure was submitted to BSE Limited to comply with regulatory requirements.

Order Details

The company provided the following specifics regarding the contract in its filing:

Parameter	Details
Client Name	Anurag Impex
Order Value	Rs 1,96,94,068
Nature of Order	Fixed Cost
Execution Period	Within 7 Days
Entity Type	Domestic

The order is classified as a domestic transaction and does not involve any related party interests. The company has requested the exchange to take the intimation on record.