Siyaram Recycling Industries Secures Rs. 1.37 Crore Order from Supreme Industries

1 min read     Updated on 04 Feb 2026, 11:23 AM
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Overview

Siyaram Recycling Industries Ltd has secured a Rs. 13,716,320.00 order from The Supreme Industries Limited for manufacturing 1,610,560 units of CPVC components. The fixed-cost domestic contract is to be executed within 6 months and involves no related party transactions.

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Siyaram Recycling Industries Ltd has announced securing a significant order worth Rs. 13,716,320.00 from The Supreme Industries Limited, as disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Specifications

The contract involves the supply of 1,610,560 units of FEMALE INSERT 1/2" CPVC/AQUA THRED TOPPER components. The order represents a substantial business opportunity for the company in the CPVC fittings segment.

Parameter: Details
Client: The Supreme Industries Limited
Product: FEMALE INSERT 1/2" CPVC/AQUA THRED TOPPER
Quantity: 1,610,560 units
Order Value: Rs. 13,716,320.00
Contract Type: Fixed cost
Execution Timeline: Within 6 months

Contract Terms and Compliance

The order has been awarded by a domestic entity and follows a fixed-cost structure. The company has confirmed that the contract must be completed within 6 months from the award date. The transaction does not involve any related party considerations, with no interest from promoters or group companies in the awarding entity.

Regulatory Disclosure

The announcement was made in compliance with SEBI regulations, specifically pursuant to Regulation 30(4) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The disclosure also follows guidelines from SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023.

Compliance Aspect: Status
Entity Type: Domestic
Related Party Transaction: No
Promoter Interest: None
Arm's Length Transaction: Not applicable

The order represents a significant business development for Siyaram Recycling Industries Ltd in the CPVC components manufacturing sector, strengthening its relationship with The Supreme Industries Limited.

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Siyaram Recycling Industries Secures ₹4.05 Crore Order from SAANVI METAL CRAFT

1 min read     Updated on 12 Jan 2026, 11:47 AM
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Reviewed by
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Overview

Siyaram Recycling Industries Ltd has secured a significant order worth ₹4,04,66,844.00 from SAANVI METAL CRAFT for brass scrap honey supply as per ISRI specifications. The fixed-cost domestic contract is to be executed within 6 months, with the company confirming no related party involvement or promoter interest in the awarding entity.

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*this image is generated using AI for illustrative purposes only.

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:

Parameter: Details
Client: SAANVI METAL CRAFT
Order Value: ₹4,04,66,844.00
Product Type: Brass Scrap Honey (ISRI Standards)
Contract Nature: Fixed Cost
Execution Timeline: Within 6 Months
Market Type: Domestic

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.

Historical Stock Returns for Siyaram Recycling Industr

1 Day5 Days1 Month6 Months1 Year5 Years
-6.02%+22.65%+4.50%-55.66%-61.53%-3.03%
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1 Year Returns:-61.53%