Intimation with regards to Siyaram Recycling Industries Limited Secured Order amounting to Rs. 84.74 Million pursuant to Regulation 30 of SEBI ( Listing Obligation and Disclosure Requirements ....
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Siyaram Recycling Industries Ltd has secured two domestic orders worth Rs. 84.74 Million in total for Brass Scrap Honey. The first order is from Charbhuja Impex worth Rs. 66.08 Million, and the second is from Om Guru Impex worth Rs. 18.65 Million. Both orders are fixed-cost contracts and are to be executed within 6 months. The orders are from domestic entities with no related party or promoter group interest involved.
This is a positive development for the company as it adds Rs. 84.74 Million to the order book, providing revenue visibility for the next six months. The execution within a defined timeframe suggests steady near-term business, though the scale of the order should be weighed against the company's overall revenue base to gauge true materiality.