Siyaram Recycling Secures 26.4 Mln Rupee Order

JAMNAGAR — Metal recycling and processing firm Siyaram Recycling Industries Limited announced on Monday that it has secured a commercial supply order valued at 26.4 million rupees (₹2.64 crore). Disclosed through official regulatory dispatches filed on August 10, 2026, the domestic contract involves supplying brass scrap honey to Dharma Metalex. The contract strengthens the company's near-term execution pipeline while highlighting continuous demand within India's recycled non-ferrous metals industry.

Contract Details and Execution Timeline

According to statutory disclosures submitted to stock exchange authorities, the fixed-cost commercial agreement requires Siyaram Recycling Industries to supply brass scrap honey to Dharma Metalex. The total value of the order stands at exactly ₹2,64,43,275 (26.4 million rupees).

The agreement specifies a short execution window, with Siyaram Recycling Industries mandated to fulfill the supply order within seven days. Company filings clarify that the contract was awarded in the normal course of business. Furthermore, neither the promoter nor the promoter group holds any financial interest in the awarding entity, and the transaction does not fall under related-party frameworks.

Corporate Background and Recycling Infrastructure

Headquartered in Jamnagar, Gujarat, Siyaram Recycling Industries Limited specializes in the processing, trading, and manufacturing of non-ferrous metal scrap and alloys. The enterprise sources, sorts, and processes brass scrap, producing brass ingots, billets, and custom components for industrial consumers across domestic and international markets.

The order win from Dharma Metalex adds to a series of short-cycle commercial contracts secured by Siyaram Recycling Industries in recent months. In the non-ferrous recycling sector, rapid-turnaround orders for brass scrap honey allow processors to maintain efficient working capital cycles and high operational throughput across sorting facilities.

Sector Context and Industry Implications

The demand for recycled brass and non-ferrous alloys remains supported by industrial manufacturing, plumbing hardware, electrical equipment, and automotive component production. Secondary metal recycling provides an energy-efficient alternative to primary smelting, helping industrial manufacturers lower raw material costs while adhering to sustainability guidelines.

For Siyaram Recycling Industries, securing repeat orders from domestic trading counterparties underscores customer reliance on standardized scrap grading and consistent material supply. Industry analysts note that short-term contracts provide steady cash flow visibility and reduce inventory holding risks during periods of global commodity price volatility.

Official Sources Section

Information regarding the contract value, counterparty identity, and execution timeline reported in this dispatch is based on official statutory disclosures submitted by Siyaram Recycling Industries Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The official regulatory filings were submitted on August 10, 2026, and made accessible through BSE Limited.

Quote Section

"According to officials and statutory disclosures filed by Siyaram Recycling Industries Limited on August 10, 2026, the company secured a domestic fixed-cost supply order worth 26.4 million rupees from Dharma Metalex in the ordinary course of business, with full execution targeted within seven days."

Why It Matters

Securing a supply order worth 26.4 million rupees provides Siyaram Recycling Industries with immediate revenue recognition and operational momentum. For manufacturing buyers, dependable brass scrap sourcing ensures uninterrupted production of engineering and electrical components across regional industrial corridors.

Key Facts at a Glance

• Contract Value: 26.4 million rupees (₹2,64,43,275).

• Awarding Entity: Dharma Metalex.

• Product Supplied: Brass scrap honey.

• Execution Period: Seven days from award date.

• Regulatory Filing Date: August 10, 2026.

FAQ Section

What is the value of the new order secured by Siyaram Recycling Industries?

Siyaram Recycling Industries secured a commercial supply order valued at approximately 26.4 million rupees (₹2.64 crore).

Who is the purchasing client for this contract?

The order was awarded by Dharma Metalex for the supply of brass scrap honey.

What is the execution timeline for the order?

The fixed-cost contract requires Siyaram Recycling Industries to complete the supply delivery within seven days.

Is this a related-party transaction?

No, official filings confirm that the transaction was conducted in the ordinary course of business and does not involve related parties or promoter interests.

Source: BSE Limited Regulatory Archives, TradingView Siyaram Recycling News Dispatches, National Stock Exchange of India.