Siyaram Recycling Industries Ltd Secures Rs 4.45 Crore Order for Brass Scrap Honey
Siyaram Recycling Industries Ltd has secured a substantial order worth Rs 4,45,87,480 from Anurag Impex. The order is for Brass Scrap Honey, marking a significant transaction for the recycling industry firm.The company, which was formerly known as Siyaram Impex Pvt. Ltd., announced the agreement for the material. According to the details provided, the contract is classified as a fixed cost order and is expected to be executed within seven days.
The details of the contract award are as follows:
| Detail Category | Specification | Details |
|---|---|---|
| Awarding Entity | Anurag Impex | N/A |
| Product/Material | Brass Scrap Honey | N/A |
| Total Order Value | Rs. 4,45,87,480 | N/A |
| Transaction Origin | Domestic | N/A |
| Transaction Nature | Fixed cost | N/A |
| Execution Timeline | Within 7 Days | N/A |
| Related Party Status | No | Transaction does not fall within related party. |
The company confirmed that the awarding entity, Anurag Impex, is not connected to the promoter group, and the transaction does not constitute a related party deal.
Stock Price Movement
As of 11:42, shares of Siyaram Recycling Industries Ltd are dipping to ₹38.45, registering a loss of 1.11% for the session. The stock has experienced significant intraday volatility, trading between a low of ₹38.00 and a high of ₹38.88.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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