Intimation with Regards to Siyaram Recycling Secured Order amounting to Rs. 1,88,53,332 pursuant to Regulation 30 of SEBI ( Listing Obligation and Disclousure Requirements) Regulation, 2015
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Awaiting price reaction for this filing.
Siyaram Recycling Industries Ltd has bagged an order worth Rs. 1,88,53,332 (about Rs. 1.89 crore) from Charbhuja Impex for Brass Scrap Honey (ISRI grade). It is a domestic, fixed-cost contract that must be executed within 6 months. The buyer is not related to the company's promoters or group companies, so this is an arm's length transaction. The intimation was filed under SEBI's Listing Regulations on 11 February 2026.
The order is modest in size and helps add to the company's order book, but on its own it is unlikely to be a major catalyst for the stock. Investors should look at this in the context of the company's total annual revenue and pending order pipeline.