Siyaram Recycling Industries Secures Rs 34.05 Lakh Order from Usha International

1 min read     Updated on 11 Feb 2026, 12:37 PM
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Radhika SScanX News Team
Overview

Siyaram Recycling Industries Ltd announced securing an order worth Rs. 3,405,267.60 from Usha International Limited for manufacturing brass connectors and related components. The fixed-cost domestic contract includes FRONT CONNECTOR BRASS-HNC, Chuck Nut, and various tank connectors, with execution scheduled within 6 months. The company disclosed this development under SEBI Regulation 30, confirming no related party transactions are involved.

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

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.

Parameter Details
Order Value Rs. 3,405,267.60
Client Usha International Limited
Contract Type Fixed cost
Execution Timeline Within 6 Months
Nature Domestic order

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.

Historical Stock Returns for Siyaram Recycling Industr

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Siyaram Recycling Industries Secures Rs. 4.03 Crore Order for Brass Scrap Supply

1 min read     Updated on 05 Feb 2026, 05:12 PM
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Reviewed by
Riya DScanX News Team
Overview

Siyaram Recycling Industries Ltd secured a Rs. 4,03,02,900 order from SAANVI METAL CRAFT for BRASS SCRAP HONEY supply. The fixed-cost domestic contract will be executed within 6 months, with no related party involvement. The disclosure was made under SEBI regulations, demonstrating the company's commitment to transparency and regulatory compliance.

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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 Rs. 4,03,02,900 from SAANVI METAL CRAFT for BRASS SCRAP HONEY. The company made this disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, highlighting the substantial nature of this business development.

Order Details and Structure

The contract represents a fixed-cost arrangement with SAANVI METAL CRAFT, a domestic entity, for the supply of BRASS SCRAP HONEY. The order carries a total value of Rs. 4,03,02,900 and is scheduled for execution within a 6-month timeframe.

Parameter Details
Awarding Entity SAANVI METAL CRAFT
Product Type BRASS SCRAP HONEY
Order Value Rs. 4,03,02,900
Contract Nature Fixed cost
Execution Period Within 6 Months
Entity Type Domestic

Regulatory Compliance and Transparency

The announcement was made in compliance with SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that this transaction does not fall within related party dealings, with no promoter, promoter group, or group companies having any interest in SAANVI METAL CRAFT.

Corporate Governance Aspects

The disclosure was signed by Bhavesh Ramgopal Maheshwari, Managing Director (DIN: 06573087), from the company's base in Jamnagar on February 5, 2026. This order represents a significant business milestone for the recycling company, reinforcing its position in the brass scrap processing sector.

Siyaram Recycling Industries Ltd operates under the tagline "Sustainability Today, Tomorrow & Forever" and was formerly known as Siyaram Impex Pvt. Ltd. The company is registered in Gujarat with CIN L27106GJ2007PLC049999.

Historical Stock Returns for Siyaram Recycling Industr

1 Day5 Days1 Month6 Months1 Year5 Years
-3.97%-14.33%-33.01%-69.50%-74.87%-41.71%
Siyaram Recycling Industr
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1 Year Returns:-74.87%