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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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.

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Siyaram Recycling Industries Secures Rs. 2.04 Crore Order from Charbhuja Impex

1 min read     Updated on 11 Feb 2026, 12:36 PM
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Reviewed by
Shriram SScanX News Team
Overview

Siyaram Recycling Industries Ltd announced securing an order worth Rs. 2,04,00,831.00 from domestic entity Charbhuja Impex for supply of Brass Scrap Honey conforming to ISRI standards. The fixed cost contract is to be executed within 6 months and does not involve any related party transactions.

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

Siyaram Recycling Industries Ltd has secured a noteworthy order worth Rs. 2,04,00,831.00 from Charbhuja Impex for Brass Scrap Honey as per ISRI specifications. The company announced this development 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 conforming to ISRI standards to Charbhuja Impex, a domestic entity. The order has been structured as a fixed cost arrangement, providing revenue certainty for Siyaram Recycling Industries.

Parameter: Details
Awarding Entity: Charbhuja Impex
Order Value: Rs. 2,04,00,831.00
Product: Brass Scrap Honey (ISRI specifications)
Contract Type: Fixed cost
Execution Timeline: Within 6 months
Entity Type: Domestic

Regulatory Compliance and Related Party Disclosure

The company has confirmed full compliance with SEBI regulations in announcing this order. Importantly, the transaction does not fall under related party dealings, and the promoter group has no interest in Charbhuja Impex, the entity awarding the contract.

Corporate Governance

The announcement was signed by Bhavesh Ramgopal Maheshwari, Managing Director (DIN: 06573087), from the company's Jamnagar location. The filing demonstrates the company's commitment to transparent disclosure practices as required under SEBI listing regulations.

This order represents a significant business development for Siyaram Recycling Industries, reinforcing its position in the metal recycling sector and providing a substantial revenue opportunity over the next six months.

Historical Stock Returns for Siyaram Recycling Industr

1 Day5 Days1 Month6 Months1 Year5 Years
-0.10%-9.30%+1.41%-55.37%-59.53%-12.64%
Siyaram Recycling Industr
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1 Year Returns:-59.53%