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 a significant business development, securing a new order worth Rs 1.43 crore from The Supreme Industries Limited. This latest contract highlights the company's growing presence in the recycling industry and its ability to attract orders from established players in the market.

Order Details

The order encompasses 1/2" FEMALE INSERT NEW MODIFIED and FEMALE INSERT 1/2" CPVC/AQUA TOPPER products, representing a domestic fixed-cost contract that Siyaram Recycling Industries is expected to fulfill within a six-month timeframe. This development is particularly noteworthy as it does not involve any related party transactions, indicating a purely business-driven arrangement between the two companies.

Company Disclosure

In compliance with regulatory requirements, Siyaram Recycling Industries Limited has formally disclosed this information to the BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's scrip code on the BSE is 544047. The disclosure was signed by Managing Director Bhavesh Ramgopal Maheshwari (DIN: 06573087).

Market Implications

This order from The Supreme Industries Limited, a well-established name in the industry, could potentially signal confidence in Siyaram Recycling's capabilities and product quality. For investors and market watchers, this development may be seen as a positive indicator of the company's business trajectory and its ability to secure significant contracts in a competitive market landscape.

The successful execution of this order within the stipulated timeframe could further strengthen Siyaram Recycling's position in the market and potentially lead to more such opportunities in the future. However, as with any business contract, the actual impact on the company's financial performance will depend on various factors, including efficient execution and cost management.

Investors and stakeholders will likely keep a close eye on Siyaram Recycling Industries' performance in fulfilling this order and any subsequent developments that may arise from this business relationship with The Supreme Industries Limited.