Siyaram Recycling Industries Ltd Secures Order Worth Rs 2,64,43,275 from Dharma Metalex

Siyaram Recycling Industries Ltd Secures Order Worth Rs 2,64,43,275 from Dharma Metalex

Siyaram Recycling Industries Ltd Secures Order Worth Rs 2,64,43,275 from Dharma Metalex​

Siyaram Recycling Industries Ltd has secured an order valued at Rs 2,64,43,275 from Dharma Metalex for the supply of Brass Scrap Honey. The contract represents a domestic fixed cost transaction with a defined execution timeline.

The company, formerly known as Siyaram Impex Pvt. Ltd., confirmed that this transaction does not constitute a related party deal.

Details concerning the secured order are provided below:

DetailInformation
Name of the awarding entityDharma Metalex
Nature of the orderFixed cost for Brass Scrap Honey
Order valueRs 2,64,43,275/-
Origin of contractDomestic
Execution timelineWithin 7 Days

Siyaram Recycling Industries Ltd successfully secured this noteworthy order from Dharma Metalex. The details confirm that the transaction is independent of any relationship between the companies, and no interest exists by the promoter or promoter group in the entity awarding the order.

Stock Price Movement​

Siyaram Recycling Industries Ltd shares are currently trading at ₹39.09, ticking down 0.66% as of 15:07. The stock experienced volatility during the day, moving within an intraday range from a low of ₹38.30 to a high of ₹40.29.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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