Siyaram Recycling has secured an international order valued at Rs. 40 mn from Green Metals FZCO, Dubai, United Arab Emirates, for the supply of brass billets. The company disclosed the order in a filing with the BSE under Regulation 30 of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015.

The order has been awarded by an international entity and is classified as a fixed-cost contract. Siyaram Recycling said the order is required to be executed within 15 days. The filing did not provide further details on the delivery schedule, pricing structure or payment terms.

Green Metals FZCO is the entity awarding the contract. Siyaram Recycling stated that neither its promoter, promoter group nor group companies have any interest in the Dubai-based entity. It also confirmed that the transaction does not fall under related-party transactions.

The company submitted the disclosure on 16 October 2026, citing the applicable SEBI regulations and the master circular dated 30 January 2026. The filing was signed by Bhavesh Ramgopal Maheshwari, managing director of Siyaram Recycling.

The order adds to Siyaram Recycling’s contracted business in the brass products segment and provides an overseas sales opportunity for its brass billet operations. The company did not disclose the expected revenue contribution or margins from the contract. It also did not state whether the order would lead to additional production requirements or changes to its existing operating capacity.