Siyaram Recycling Secures Order For Brass Ingots

22 Apr 2026 CW Team

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.

Infrastructure Urban

14 May 2026

Shyam Metalics Q4 Revenue Rises 27%

Shyam Metalics and Energy reported consolidated revenue of Rs 52.40 billion in Q4 FY26, registering 27 per cent year-on-year growth from Rs 41.39 billion in Q4 FY25. EBITDA rose 33 per cent to Rs 7.56 billion, while Profit After Tax increased 42 per cent to Rs 3.12 billion. Operating EBITDA grew 41 per cent to Rs 7.27 billion during the quarter.For FY26, the company posted consolidated revenue of Rs 185.52 billion, up 22 per cent over FY25. EBITDA stood at Rs 25.37 billion, while PAT increased to Rs 10.61 billion. Operating EBITDA for the year stood at Rs 23.33 billion, marking 25 per cent yea..

Infrastructure Urban

14 May 2026

DHL Express Launches Heavy Weight Service

DHL Express has expanded its Time Definite International portfolio with the global launch of Heavy Weight Express, an air express solution for shipments weighing up to 1,000 kg per piece and 3,000 kg per shipment. The service will be available across more than 220 countries and territories.The new solution is designed for industries where timing, reliability and shipment visibility are critical. It offers time-definite delivery, end-to-end control, proactive monitoring and transparent all-in pricing. DHL said the service will help reduce uncertainty linked to capacity fluctuations, handling su..

Infrastructure Urban

14 May 2026

Schaeffler India Opens Research Facility at IISC

Schaeffler India has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru, as part of its engagement with the Indian Institute of Science (IISC). The facility will support high-performance computing, large-scale simulations, data-intensive modelling and advanced analytics across materials, energy systems and sustainable mobility.The initiative includes dedicated lab space, advanced in-rack cooling systems, power backup and high-performance hybrid computing workstations or clusters. It is expected to improve ..