Siyaram Recycling Industries Ltd Secures Order from Metal Scrap India
Siyaram Recycling Industries Ltd has secured a significant business order from Metal Scrap India for the supply of Brass Scrap. The transaction, which is categorized as a domestic contract, carries a total value of Rs. 99,23,800.The company confirmed that the agreement is structured as a fixed cost arrangement. The execution period for this specific order is scheduled to be completed within 5 days from the date of the announcement.
Siyaram Recycling Industries Ltd has confirmed that there is no promoter or group company interest in the entity awarding the contract. Furthermore, the transaction does not qualify as a related party transaction and was conducted on an arm's length basis.
The details of the order are summarized in the table below:
| Feature | Details |
|---|---|
| Awarding Entity | Metal Scrap India |
| Nature of Order | Fixed Cost |
| Order Value | Rs. 99,23,800 |
| Execution Timeline | Within 5 Days |
| Market Type | Domestic |
Stock Price Movement
As of 10:54, Siyaram Recycling Industries Ltd is edging higher to ₹41.47, up 0.36%. Shares are navigating a wide swing today between an intraday low of ₹40.10 and a high of ₹41.89.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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