Siyaram Recycling holds 20th AGM, reappoints chairman and MD

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Held 20th AGM on September 30, 2026
  • Adopted audited standalone financial statements for FY26
  • Reappointed Ramgopal Ochhavlal Maheshwari as Chairman and WTD
  • Reappointed Bhavesh Ramgopal Maheshwari as Managing Director
  • Results to be declared within 48 hours
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Siyaram Recycling Industries held its 20th Annual General Meeting on September 30, 2026. The proceedings included the adoption of audited standalone financial statements for FY26 and the reappointment of key leadership roles.

The meeting was convened at the company's registered office in Jamnagar, Gujarat. Ramgopal Maheshwari, Chairman and Whole Time Director, presided over the session after Bhavesh R Maheshwari, Managing Director, welcomed attendees. Statutory, internal, cost, and secretarial auditors were present during the proceedings.

Key resolutions passed

The shareholders voted on several ordinary and special business items as outlined in the notice dated August 24, 2026. Voting was conducted through remote e-voting via National Securities Depository Limited and ballot papers at the venue.

Item Type Description
Financials Ordinary Adoption of audited standalone financial statements for FY26
Director Reappointment Ordinary Reappointment of Madhu Ramgopal Maheshwari as Director
Auditor Remuneration Ordinary Approval of remuneration for Cost Auditor for FY27
Chairman Reappointment Special Reappointment of Ramgopal Ochhavlal Maheshwari as Whole Time Director and Chairman
MD Reappointment Special Reappointment of Bhavesh Ramgopal Maheshwari as Managing Director

Voting and compliance details

Murtuza Mandor, Practicing Company Secretary, was appointed as the Scrutinizer to oversee the voting process. The results of the voting on each resolution will be determined by combining votes cast through remote e-voting with those cast via ballot papers at the meeting.

The final results are scheduled to be announced within 48 hours from the conclusion of the meeting. These results will be uploaded on the company's website and made available on the BSE platform. The meeting concluded at 2:30 pm with the Chairman thanking members for their participation.

Historical Stock Returns for Siyaram Recycling Industr

1 Day5 Days1 Month6 Months1 Year5 Years
-3.02%-2.00%-3.44%-17.32%-65.79%-42.23%

How might the reappointment of the Maheshwari leadership team influence Siyaram Recycling's strategic direction regarding capacity expansion or sustainability initiatives in FY27?

What specific operational efficiencies or cost-saving measures are expected to result from the approved remuneration structure for the Cost Auditor in the upcoming fiscal year?

Given the company's location in Jamnagar, how could regional regulatory changes in Gujarat's recycling sector impact Siyaram's future compliance costs and operational scalability?

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Siyaram Recycling wins Excellence in Brass Recycling award at IDA

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Siyaram Recycling Industries won the 'Excellence in Brass Recycling' award at the International Dazzling Awards on September 27, 2026
  • The award was presented by Silkberry Professional in association with Brands Impact in New Delhi
  • Managing Director Bhavesh Ramgopal Maheshwari received the honor, citing team effort and commitment to responsible recycling
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Siyaram Recycling Industries has been conferred the “Excellence in Brass Recycling” Award at the International Dazzling Awards (IDA), held on September 27, 2026, in New Delhi. The recognition highlights the company’s commitment to responsible resource use and circular economy practices.

The awards ceremony, presented by Silkberry Professional in association with Brands Impact, took place at Tivoli Garden Resort Hotel, Chhatarpur. Ms. Shilpa Shetty served as the Chief Guest for the event. Mr. Bhavesh Ramgopal Maheshwari, Managing Director of Siyaram Recycling Industries, received the award on behalf of the company.

Recognition and Industry Context

The award acknowledges the company’s performance in the field of brass recycling. This sector supports sustainable industrial practices by reducing the demand for virgin raw materials and minimizing waste. The recognition underscores the company’s focus on quality and responsible recycling operations.

Mr. Bhavesh Ramgopal Maheshwari commented on the achievement, stating that the recognition belongs to the entire team and motivates them to continue their focus on quality and responsible recycling practices. The company remains committed to delivering value to its stakeholders through sustainable operations.

Company Profile

Headquartered in Jamnagar, Gujarat, Siyaram Recycling Industries is engaged in the recycling business with brass recycling as a key area of operations. The company’s equity shares are listed on BSE Limited. Its corporate philosophy is reflected in its tagline: “Sustainability Today, Tomorrow & Forever!”

Detail Information
Award Name Excellence in Brass Recycling
Event International Dazzling Awards (IDA)
Date September 27, 2026
Location New Delhi
Recipient Bhavesh Ramgopal Maheshwari (Managing Director)

Historical Stock Returns for Siyaram Recycling Industr

1 Day5 Days1 Month6 Months1 Year5 Years
-3.02%-2.00%-3.44%-17.32%-65.79%-42.23%

How will this recognition influence Siyaram Recycling Industries' ability to secure new contracts with major industrial manufacturers?

What specific capacity expansion plans does the company have to meet growing demand for recycled brass in the Indian market?

How might the award impact the company's valuation and trading volume on the BSE among ESG-focused investors?

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1 Year Returns:-65.79%