Intimation with regards to "Siyaram Recycling" secured order amounting to Rs. 93,52,680 pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015
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Siyaram Recycling Industries Ltd has secured an order worth Rs. 93,52,680 (approximately Rs. 93.53 lakhs) from Radhika Metals for supply of Brass Scrap. The order is domestic, on a fixed-cost basis, and is to be executed within 7 days. The transaction is not a related-party deal and the promoters have no interest in the awarding entity. The company is based in Jamnagar and operates in the recycling space.
This is a relatively small order (under Rs. 1 crore) with a very short 7-day execution window, so it is unlikely to materially move the stock price or significantly alter the company's revenue trajectory. It indicates routine business activity rather than a transformational development.