Siyaram Recycling Secures Rs. 40 mn Brass Billets Order from Dubai Firm
ECONOMY & POLICY

Siyaram Recycling Secures Rs. 40 mn Brass Billets Order from Dubai Firm

Siyaram Recycling has secured an international order valued at Rs. 40 mn from Green Metals FZCO, Dubai, United Arab Emirates, for the supply of brass billets. The company disclosed the order in a filing with the BSE under Regulation 30 of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015.

The order has been awarded by an international entity and is classified as a fixed-cost contract. Siyaram Recycling said the order is required to be executed within 15 days. The filing did not provide further details on the delivery schedule, pricing structure or payment terms.

Green Metals FZCO is the entity awarding the contract. Siyaram Recycling stated that neither its promoter, promoter group nor group companies have any interest in the Dubai-based entity. It also confirmed that the transaction does not fall under related-party transactions.

The company submitted the disclosure on 16 October 2026, citing the applicable SEBI regulations and the master circular dated 30 January 2026. The filing was signed by Bhavesh Ramgopal Maheshwari, managing director of Siyaram Recycling.

The order adds to Siyaram Recycling’s contracted business in the brass products segment and provides an overseas sales opportunity for its brass billet operations. The company did not disclose the expected revenue contribution or margins from the contract. It also did not state whether the order would lead to additional production requirements or changes to its existing operating capacity.

Siyaram Recycling has secured an international order valued at Rs. 40 mn from Green Metals FZCO, Dubai, United Arab Emirates, for the supply of brass billets. The company disclosed the order in a filing with the BSE under Regulation 30 of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015. The order has been awarded by an international entity and is classified as a fixed-cost contract. Siyaram Recycling said the order is required to be executed within 15 days. The filing did not provide further details on the delivery schedule, pricing structure or payment terms. Green Metals FZCO is the entity awarding the contract. Siyaram Recycling stated that neither its promoter, promoter group nor group companies have any interest in the Dubai-based entity. It also confirmed that the transaction does not fall under related-party transactions. The company submitted the disclosure on 16 October 2026, citing the applicable SEBI regulations and the master circular dated 30 January 2026. The filing was signed by Bhavesh Ramgopal Maheshwari, managing director of Siyaram Recycling. The order adds to Siyaram Recycling’s contracted business in the brass products segment and provides an overseas sales opportunity for its brass billet operations. The company did not disclose the expected revenue contribution or margins from the contract. It also did not state whether the order would lead to additional production requirements or changes to its existing operating capacity.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Thiruvananthapuram Airport to Get Rs. 25 bn Terminal Expansion

Thiruvananthapuram International Airport, managed by Adani Airports, will undergo a Rs. 25 bn terminal expansion under Project Anantha. The project is intended to increase international passenger-handling capacity and improve operational efficiency at the Kerala airport. The groundbreaking ceremony is scheduled for October 15, coinciding with the airport completing five years under its current management. The development will cover approximately 92,552 square metres and raise annual international passenger capacity from 3.5 mn to around 11.5 mn. Project Anantha forms part of a wider transforma..

Next Story
Infrastructure Transport

PM Modi Inaugurates Leh Airport Terminal Costing Rs. 6.4 bn

Prime Minister Narendra Modi inaugurated the new passenger terminal at Leh Airport on October 15, 2026, adding capacity at one of the world’s highest commercial airports. The facility, built at a cost of Rs. 6.4 bn, has been designed to handle 3.5 mn passengers annually and support rising air travel demand in Ladakh. The terminal covers 23,810 square metres and combines modern airport infrastructure with design elements inspired by Ladakh’s local art and cultural heritage. A video shared by Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu showed the check-in area, airline counters, ..

Next Story
Infrastructure Transport

Kerala Examines Land Acquisition for Kannur Airport Expansion

The Kerala government is examining the land acquisition process for the proposed expansion of Kannur International Airport and plans to take an early decision on difficulties faced by affected families, Chief Minister V D Satheesan told the state Assembly on Thursday. He was responding to a submission by MLA T K Govindan. The proposed project involves extending the airport runway from 3,050 metres to 4,000 metres. The government granted administrative sanction on December 27, 2016, to acquire 99.92 hectares, but the process remains incomplete despite a notification issued in 2017. The governme..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code