Siyaram Recycling Secures Brass Scrap Order From Metal Scrap India

23 Jul 2026 CW Team

Siyaram Recycling Industries Limited said in a regulatory filing to the BSE that it has secured an order from Metal Scrap India for brass scrap. The order is valued at Rs nine point nine two million (mn) and is described as a fixed cost contract awarded by a domestic entity. The disclosure was submitted under regulation 30 of the SEBI Listing Regulations and referenced the SEBI circular dated 13 July 2023. The company stated that the order forms part of routine commercial operations and provided annexed particulars as required.

The contract is to be executed within five days and the filing set out the timeframe and payment terms in brief. The filing clarified that the promoters and promoter group have no interest in the contract awarder and that the transaction is not a related party dealing. The announcement was made through the stock exchange under scrip code 544047 to ensure regulatory transparency.

The document was signed by the managing director Bhavesh Ramgopal Maheshwari and bore the Jamnagar place and the date 17 July 2026. The company requested the exchange to take the information on record and indicated that the order pertains to immediate operational requirements. The specifics in the annexure detailed the name of the counterparty, the nature of the supply and the broad consideration.

The disclosure avoided commentary on future business prospects and confined itself to the contractual facts and compliance requirements. Management presented the order as time bound and operational in scope while confirming that normal corporate governance protocols were followed in making the disclosure. Investors and other stakeholders were directed to the exchange filing for the original document and related particulars.

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