Siyaram Recycling Industries Ltd has secured an order from Dharma Metalex for the supply of brass ingots valued at Rs 20.66 million (mn), the company disclosed in a regulatory filing to the stock exchange. The filing cited an aggregate contract value of Rs. 2,06,64,750 and was submitted pursuant to regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The announcement was dated 17 April 2026 and the place of execution was recorded as Jamnagar. The disclosure was signed by the managing director on behalf of the company.

The order was described as a domestic, fixed cost contract to be executed within seven days and the filing referenced the applicable SEBI circular for disclosures. The company recorded that the transaction does not qualify as a related party transaction and that neither the promoter nor the promoter group has any interest in the entity awarding the contract. The terms and timeline were presented in the annexure to the submission, in line with the stock exchange requirements. The brief timeframe for execution was specified in the contract details filed with the exchange.

The contract value expressed in the filing is shown both in the Indian rupee figure and the equivalent in million (mn) units to clarify size and accounting treatment. The supply of brass ingots under the contract represents a defined, short?term commercial engagement and is structured on fixed cost terms, with delivery and acceptance to be completed within the stipulated seven day period. The company recorded the counterparty name and domestic status of the award in the submission to the regulator.

The managing director authorised the submission and requested that the exchange take the information on record, indicating completion of the prescribed disclosure process. The filing sets out the essential particulars required under the listing rules and confirms that corporate governance and disclosure obligations have been observed in relation to this contract.