Siyaram Recycling Industries Ltd. has announced a significant order worth ₹1,99,60,290 from Anurag Impex for Brass Scrap Honey. The fixed-cost domestic order will be executed within seven days. This development highlights the company’s growing market presence and operational efficiency in India’s recycling and metals sector.
Siyaram Recycling Industries Ltd., formerly known as Siyaram Impex Pvt. Ltd., has secured a noteworthy order from Anurag Impex valued at ₹1,99,60,290. The order pertains to the supply of Brass Scrap Honey and is structured as a fixed-cost contract, scheduled for execution within seven days.
The company confirmed that the transaction does not fall under related-party dealings and that neither promoters nor group companies hold any interest in the awarding entity. This order reinforces Siyaram Recycling’s strong positioning in the domestic recycling industry and reflects its ability to deliver high-value contracts efficiently.
Key Highlights
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Order Value: ₹1,99,60,290 for Brass Scrap Honey.
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Awarding Entity: Anurag Impex (domestic).
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Contract Type: Fixed-cost agreement.
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Execution Timeline: Within seven days.
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Compliance: No related-party involvement; transaction at arm’s length.
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Strategic Impact: Strengthens Siyaram Recycling’s market presence and operational credibility.
This development underscores Siyaram Recycling’s commitment to sustainability and growth, aligning with its vision of “Sustainability Today, Tomorrow & Forever.”
Sources: Siyaram Recycling Industries Ltd. (BSE filing)