Siyaram Recycling Secures Order Worth Rs 44.59 mn
ECONOMY & POLICY

Siyaram Recycling Secures Order Worth Rs 44.59 mn

Siyaram Recycling Industries Limited (Siyaram Recycling) has informed the BSE that it has secured an order from Anurag Impex for Brass Scrap Honey with a total contract value of Rs 44.58748 million (mn). The intimation filed under scrip code 544047 was dated 14 May 2026 and states that the company will execute the order from its operations in Jamnagar. The filing described the arrangement as a fixed cost contract to be completed within seven days of award. The company lodged the document pursuant to regulation 30(4) of the SEBI Listing Regulations to apprise the market.

The disclosure set out particulars required under regulation 30 of the SEBI Listing Regulations and referenced the SEBI circular dated 13 July 2023, with further details provided in an annexure. The annexure specified that the awarder is a domestic entity and that the nature of the contract is fixed cost. It also recorded that the promoter and promoter group have no interest in the entity that awarded the contract. The annexure repeats the total value and execution timeframe as required for public disclosure.

The company confirmed that the transaction does not fall within related party transactions and that it will be executed at arm's length, thereby reflecting a standard commercial arrangement. The disclosure reiterated the total consideration as Rs 44.58748 million (mn) and clarified the timeframe for completion as seven days. The filing was signed and authorised by the managing director, Bhavesh Ramgopal Maheshwari. The filing does not indicate any alteration to the company's governance or shareholding patterns.

The notice requested the exchange to take the intimation on record as part of the routine statutory disclosure and compliance processes. The company presented the information to ensure transparency for stakeholders and to meet obligations under the listing regulations. No change in promoter holdings or related party status was indicated in the disclosure. Stakeholders may refer to the exchange filing for the annexure and supporting information.

Siyaram Recycling Industries Limited (Siyaram Recycling) has informed the BSE that it has secured an order from Anurag Impex for Brass Scrap Honey with a total contract value of Rs 44.58748 million (mn). The intimation filed under scrip code 544047 was dated 14 May 2026 and states that the company will execute the order from its operations in Jamnagar. The filing described the arrangement as a fixed cost contract to be completed within seven days of award. The company lodged the document pursuant to regulation 30(4) of the SEBI Listing Regulations to apprise the market. The disclosure set out particulars required under regulation 30 of the SEBI Listing Regulations and referenced the SEBI circular dated 13 July 2023, with further details provided in an annexure. The annexure specified that the awarder is a domestic entity and that the nature of the contract is fixed cost. It also recorded that the promoter and promoter group have no interest in the entity that awarded the contract. The annexure repeats the total value and execution timeframe as required for public disclosure. The company confirmed that the transaction does not fall within related party transactions and that it will be executed at arm's length, thereby reflecting a standard commercial arrangement. The disclosure reiterated the total consideration as Rs 44.58748 million (mn) and clarified the timeframe for completion as seven days. The filing was signed and authorised by the managing director, Bhavesh Ramgopal Maheshwari. The filing does not indicate any alteration to the company's governance or shareholding patterns. The notice requested the exchange to take the intimation on record as part of the routine statutory disclosure and compliance processes. The company presented the information to ensure transparency for stakeholders and to meet obligations under the listing regulations. No change in promoter holdings or related party status was indicated in the disclosure. Stakeholders may refer to the exchange filing for the annexure and supporting information.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement