Siyaram Recycling holds 20th AGM, reappoints chairman and MD
- 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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?
























