Intimation with regards to "Siyaram Recycling" secured order amounting to Rs. 1,12,69,000 pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.
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Siyaram Recycling Industries Ltd has secured a new order worth Rs. 1,12,69,000 (approximately Rs. 1.13 crore) from domestic client Anurag Impex for Brass Scrap Honey. The contract is on a fixed-cost basis and must be executed within 7 days. The company clarified that the order is not a related party transaction and that no promoter or group company has any interest in Anurag Impex. The order is purely domestic with no international or export component. As a small-cap BSE-listed company, the company is disclosing this under SEBI's Regulation 30 disclosure norms.
The order size is relatively modest in absolute terms, and its materiality to overall financials cannot be confirmed without revenue context. For shareholders, this signals active order flow and business continuity rather than a major revenue driver.