Announced Wed, 11 Feb · 12:28 IST

Intimation with Regards to Siyaram Recycling Secured Order amounting to Rs. 17,48,760 pursuant to Regulation 30 of SEBI ( Listing Obligation and Disclousure Requirements) Regulation, 2015

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Siyaram Recycling Industries has received an order valued at Rs. 17,48,760 from The Supreme Industries Limited, one of India's leading plastics processing companies. The order is for 16,10,560 units of Female Insert 1/2" CPVC/Aqua Thread Topper fittings used in plumbing applications. It is a domestic, fixed-cost order with no related-party involvement, to be executed within 6 months. The order is relatively small in absolute terms but comes from a large, reputable client.

Likely market impact

The order size is modest, so the direct financial impact is limited. However, winning business from a reputed large client like Supreme Industries is a positive validation of Siyaram Recycling's product quality and could support future order flow, though it is unlikely to materially move the stock.