Siyaram Recycling Industries Secures Rs. 40 mn Order

Siyaram Recycling Industries has secured an international order worth Rs. 40 mn from Green Metals FZCO, Dubai, for the supply of brass billets. The company disclosed the contract in a filing dated 16 October 2026 submitted under the Securities and Exchange Board of India’s listing and disclosure requirements.

The order has been awarded by an international entity and carries fixed-cost terms, according to the regulatory disclosure. The total consideration for the contract is Rs. 40 mn, with the order scheduled to be executed within 15 days.

Green Metals FZCO is the entity that awarded the contract. The filing identified the order as being for brass billets and stated that the contract does not involve any promoter, promoter group or group company interest in the awarding entity.

The company also confirmed that the transaction does not fall within the scope of related-party transactions. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and the applicable SEBI master circular.

Siyaram Recycling Industries submitted the intimation to BSE with its corporate identification details, including scrip code 544047 and ISIN INE0QSK01017. The regulatory filing was signed by Bhavesh Ramgopal Maheshwari, managing director of the company, and requested that the exchange take the information on record.

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