Siyaram Recycling Industries has announced securing a substantial order worth ₹1,99,60,290 from Anurag Impex for brass scrap honey processing. The company disclosed this development pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, demonstrating compliance with mandatory disclosure requirements for material contracts.

Order Specifications

The contract represents a significant business development for the recycling company, with specific terms outlined in the regulatory filing. The order involves processing of brass scrap honey, a specialized material in the metal recycling industry.

Regulatory Compliance Details

The disclosure follows SEBI guidelines, specifically Regulation 30(4) and SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that this transaction does not involve any related party arrangements, with no promoter or group company interest in the awarding entity.

Business Impact

This order showcases Siyaram Recycling Industries' operational capabilities in handling substantial processing volumes within compressed timeframes. The 7-day execution schedule demonstrates the company's efficiency in meeting tight client deadlines in the competitive metal recycling sector. The partnership with Anurag Impex reinforces the company's established market position in specialized brass scrap processing operations.

Siyaram Recycling Industries Ltd has secured a significant manufacturing order worth Rs. 3,405,267.60 from Usha International Limited, as disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulation, 2015. The announcement was made on February 11, 2026, by Managing Director Bhavesh Ramgopal Maheshwari from the company's Jamnagar facility.

Order Details and Specifications

The contract encompasses the manufacturing of multiple brass connector components and related hardware items. The order includes FRONT CONNECTOR BRASS-HNC, Chuck Nut, Tank connector with hole & Cover w/o Nut, Tank connector with hole w/o Chuck Nut, and Water Inlet/Outlet Connector.

Regulatory Compliance and Transaction Structure

The company has confirmed full compliance with SEBI regulations in disclosing this material development. The order represents a straightforward commercial transaction with no complications regarding related party involvement.

Key regulatory aspects include:

• No promoter or group company interest in the awarding entity
• Transaction does not fall within related party parameters
• Full compliance with SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023

Company Operations

Siyaram Recycling Industries Ltd operates from its registered office at Plot No. 6 & 7, Village Lakhabaval Post, Khodiyar colony, Jamnagar, Gujarat. The company, formerly known as Siyaram Impex Pvt. Ltd., focuses on sustainability-driven manufacturing operations. With CIN No. L27106GJ2007PLC049999, the company trades under BSE scrip code 544047.

Business Impact

This order represents a notable addition to the company's order book, demonstrating its capabilities in precision manufacturing of brass components and connectors. The 6-month execution timeline provides a clear delivery framework, while the fixed-cost structure offers predictable revenue recognition for the company's financial planning.