Siyaram Recycling Industries Ltd has announced securing a significant order worth ₹4,04,66,844.00 from SAANVI METAL CRAFT, marking a notable business development for the Gujarat-based recycling company. The announcement was made through a regulatory filing under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Order Details and Specifications

The contract involves the supply of brass scrap honey as per ISRI (Institute of Scrap Recycling Industries) specifications. The order structure and key parameters are outlined below:

Regulatory Compliance and Transparency

The company has provided comprehensive details pursuant to SEBI Listing Regulations, 2015 and SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023. Key compliance aspects include:

• Related Party Status: The transaction does not fall under related party transactions
• Promoter Interest: No promoter, promoter group, or group companies have any interest in SAANVI METAL CRAFT
• Contract Structure: Fixed-cost domestic arrangement ensuring predictable revenue recognition

Company Background

Siyaram Recycling Industries Ltd, formerly known as Siyaram Impex Pvt. Ltd., operates under the corporate philosophy of "Sustainability Today, Tomorrow & Forever." The company is headquartered in Jamnagar, Gujarat, with its registered office located at Plot No. 6 & 7, Village Lakhabaval Post, Khodiyar colony.

Strategic Significance

This order represents a substantial business opportunity for the company, demonstrating its capability to secure significant contracts in the metal recycling sector. The six-month execution timeline provides a clear operational framework, while the fixed-cost nature of the contract offers revenue predictability. The brass scrap processing aligns with the company's core recycling operations and sustainability mission.

The announcement was signed by Bhavesh Ramgopal Maheshwari, Managing Director (DIN: 06573087), and filed from the company's Jamnagar location on January 12, 2026.

Siyaram Recycling Industries Limited has announced securing a substantial purchase order worth ₹1,72,72,368.00 from M/s. Dharma Metalex, Jamnagar, according to a regulatory filing. The order represents a significant business development for the recycling company in the non-ferrous metals sector.

Order Details and Specifications

The purchase order encompasses the supply of 25.68 tons of brass scrap specifically for the domestic market. The contract has been awarded by a domestic entity, reinforcing the company's position in the local recycling market.

Corporate Governance and Compliance

The company has disclosed that the promoter/promoter group/group companies have no interest in the entity that awarded the order, ensuring transparency in the transaction. This confirmation aligns with corporate governance standards and maintains the independence of the business relationship.

Regulatory Compliance

The order intimation has been filed in compliance with Regulation 30 of 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 disclosure was signed by Bhavesh Ramgopal Maheshwari, Managing Director (DIN: 06573087), from the company's registered office in Jamnagar, Gujarat.

This order win demonstrates Siyaram Recycling Industries' continued engagement in the brass scrap recycling business and its ability to secure substantial contracts in the domestic market.