Siyaram Recycling Secures Order For Brass Ingots
ECONOMY & POLICY

Siyaram Recycling Secures Order For Brass Ingots

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.

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.

Next Story
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement