+
Siyaram Recycling Secures Order From Micronova Industries
ECONOMY & POLICY

Siyaram Recycling Secures Order From Micronova Industries

Siyaram Recycling Industries Ltd said it secured an order from Micronova Industries for brass scrap honey and notified the BSE under regulation thirty.

The filing, bearing scrip code 544047, was dated six July two thousand twenty six and was signed by the managing director, Bhavesh Ramgopal Maheshwari. The company described the order as a fixed cost contract and stated that execution was to be completed within seven days.

The value of the order was reported as Rs 9,841,200, equivalent to Rs 9.84 million (mn). The term million (mn) is defined on first mention and the company used domestic sourcing for the contract. The notice indicated that the contract concerned supply of brass scrap honey and detailed the significant terms in an annexure to the filing.

The document also recorded that promoters or group companies held no interest in the party awarding the contract and that the transaction did not constitute a related party transaction. Management requested the stock exchange to take the intimation on record and to make the annexure available to stakeholders. The filing reflected standard disclosure practice for material orders under the listing rules.

Siyaram Recycling Industries Ltd said it secured an order from Micronova Industries for brass scrap honey and notified the BSE under regulation thirty. The filing, bearing scrip code 544047, was dated six July two thousand twenty six and was signed by the managing director, Bhavesh Ramgopal Maheshwari. The company described the order as a fixed cost contract and stated that execution was to be completed within seven days. The value of the order was reported as Rs 9,841,200, equivalent to Rs 9.84 million (mn). The term million (mn) is defined on first mention and the company used domestic sourcing for the contract. The notice indicated that the contract concerned supply of brass scrap honey and detailed the significant terms in an annexure to the filing. The document also recorded that promoters or group companies held no interest in the party awarding the contract and that the transaction did not constitute a related party transaction. Management requested the stock exchange to take the intimation on record and to make the annexure available to stakeholders. The filing reflected standard disclosure practice for material orders under the listing rules.

Related Stories

Gold Stories

Next Story
Building Material

Ramco Cements Mine Restoration Gets Global Biodiversity Certification

The ecological restoration of Ramco Cements’ limestone mine at Pandalgudi in Virudhunagar district, Tamil Nadu, has received international recognition with the site being awarded Advanced Certification by The Global Biodiversity Standard (TGBS). The recognition makes Pandalgudi the first site in Peninsular India to receive the certification and places it among globally recognised biodiversity restoration projects.TGBS, recognised by the International Union for Conservation of Nature (IUCN) and the Convention on Biological Diversity (CBD), assesses biodiversity restoration projects based on s..

Next Story
Equipment

Chicago Pneumatic Launches CPS 950-300 Air Compressor

Chicago Pneumatic India has launched the CPS 950-300 portable air compressor for waterwell, mining and solar foundation drilling applications.The new compressor delivers 950 cfm at 300 psig and is designed to support demanding borewell and foundation drilling requirements. The company said the machine offers up to 10 per cent higher fuel efficiency, helping contractors reduce fuel consumption while maintaining consistent drilling performance.The CPS 950-300 is designed for drilling depths of up to 800 feet, enabling contractors to undertake deeper drilling while improving productivity and cont..

Next Story
Infrastructure Urban

Perceptive Ideas Engineers Structural Systems for RAYA School

Perceptive Ideas Consulting Engineers has provided structural engineering services for RAYA School in Bangalore, helping translate the campus' unconventional architectural design into a buildable structural system.The school has been designed around interconnected circular towers, large open classrooms, cantilevered sections and a 27-metre clear-span auditorium. The towers are connected through internal ramps while retaining their circular geometry.Columns have been positioned around the outer perimeter of the circular towers at intervals of approximately 10 to 13 metres. This configuration al..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code