Intimation with regards to "Siyaram Recycling" secured order amounting to Rs. 2,63,90,287 pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requireements) Regulation, 2015
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Siyaram Recycling Industries Ltd has secured a domestic order worth Rs. 2,63,90,287 (approximately Rs. 2.64 crore) from Saanvi Metal Craft for the supply of Brass Scrap Honey. The order is on a fixed-cost basis and is to be executed within 7 days, indicating a short-term delivery commitment. The transaction is confirmed as non-related party, with no promoter or group company interest in the awarding entity. This is a single notable order but represents a relatively modest value for a listed company. The filing was made on May 22, 2026, under SEBI Regulation 30.
The order provides near-term revenue visibility and operational activity, though the execution timeline is very short. The impact on the stock is likely modest unless the order is part of a larger pipeline that moves the needle on annual revenue.