Siyaram Recycling Industries Secures Rs 34.05 Lakh Order from Usha International
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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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
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.10% | -9.30% | +1.41% | -55.37% | -59.53% | -12.64% |


































