News Orders & Deals Siyaram Recycling Industries Secures Rs. 4.03 Crore Order for Brass Scrap SupplySiyaram Recycling Industries Secures Rs. 4.03 Crore Order for Brass Scrap Supply
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.02% | +22.65% | +4.50% | -55.66% | -61.53% | -3.03% |
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