Siyaram Recycling Industries Secures Order Worth Rs. 1,51,33,500 from The Supreme Industries Limited

Siyaram Recycling Industries Limited has secured a domestic order worth Rs. 1,51,33,500 from The Supreme Industries Limited, as disclosed pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The announcement was made on 13th May, 2026, from Jamnagar, and was signed by Managing Director Bhavesh Ramgopal Maheshwari.

Order Details

The order pertains to the supply of FEMALE INSERT 1/2" CPVC/AQUA THRED TOPPER to The Supreme Industries Limited, a domestic entity. The contract is structured on a fixed-cost basis and is to be executed within 7 days of being awarded. The key details of the order, as disclosed under SEBI Listing Regulations, are summarised below:

Parameter:	Details
Awarding Entity:	The Supreme Industries Limited
Product:	FEMALE INSERT 1/2" CPVC/AQUA THRED TOPPER
Order Value:	Rs. 1,51,33,500
Nature of Contract:	Fixed Cost
Domestic/International:	Domestic
Execution Timeline:	Within 7 Days
Related Party Transaction:	No
Promoter/Group Interest in Awarding Entity:	No

Compliance and Disclosure

The disclosure was made in accordance with Regulation 30(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, and SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that the transaction does not fall within the purview of related party transactions and that no promoter, promoter group, or group company holds any interest in The Supreme Industries Limited. Siyaram Recycling Industries Limited is headquartered at Plot No. 6 & 7, Village Lakhabaval Post, Khodiyar Colony, Jamnagar, Gujarat.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.64%	-7.16%	+0.23%	-54.43%	-70.39%	-33.35%

Param Value Investments has filed a disclosure with BSE Limited regarding the substantial reduction of its shareholding in Siyaram Recycling Industries Ltd. The Mumbai-based investment firm, operating through its partner Mukul Agrawal, completed the divestment through open market transactions between February 25, 2026 and April 22, 2026.

Transaction Details

The disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011 reveals the following transaction specifics:

Parameter	Details
Shares Sold	8,62,500
Transaction Value (%)	3.958%
Transaction Period	February 25, 2026 to April 22, 2026
Mode of Sale	Open Market
Stock Exchange	BSE Limited

Shareholding Changes

The transaction resulted in a significant reduction in Param Value Investments' stake in the Gujarat-based recycling company:

Holding Period	Number of Shares	Percentage Holding
Before Transaction	22,00,000	10.097%
Shares Sold	8,62,500	3.958%
After Transaction	13,37,500	6.138%

Capital Structure

The target company's equity structure remained unchanged following the transaction:

Capital Details	Specification
Total Equity Shares	2,17,89,212
Face Value per Share	Rs.10/-
Total Share Capital	Rs. 21,78,92,120/-
Diluted Share Capital	Rs. 21,78,92,120/-

Param Value Investments confirmed that it does not belong to the promoter or promoter group of Siyaram Recycling Industries Ltd. The disclosure was signed by Mukul Agrawal as partner of Param Value Investments and filed from Mumbai on April 23, 2026.