On 16 October 2026, Siyaram Recycling Industries informed BSE that it had secured an international order worth Rs. 40 mn from Green Metals FZCO, based in Dubai, United Arab Emirates. The order is for the supply of brass billets and was disclosed under Regulation 30 of the Securities and Exchange Board of India’s (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The filing was submitted by the company’s managing director, Bhavesh Ramgopal Maheshwari.

The order has been classified as a fixed-cost contract and is scheduled to be executed within 15 days. The company said the order’s total consideration is Rs. 40 mn, with the same value representing the broad size of the contract. The disclosure identified Green Metals FZCO as the entity awarding the order and confirmed that it is an international customer.

Under the filing’s regulatory details, the contract does not involve any interest held by Siyaram Recycling Industries’ promoter or promoter group in the awarding entity. The company also stated that the order does not fall within related-party transactions. These declarations were included in the annexure accompanying the corporate announcement.

The announcement was made pursuant to Regulation 30(4) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and referred to the applicable SEBI master circular dated 30 January 2026. The company requested that the exchange take the disclosure on record. The filing did not provide additional information on pricing terms, delivery schedules beyond the 15-day execution period, or the expected contribution of the order to revenue. It also did not disclose whether further orders were under discussion with the Dubai-based customer.