Siyaram Recycling Industries Secures Order Worth Rs 98,41,200 from Micronova Industries
Siyaram Recycling Industries Ltd has secured a significant order worth Rs 98,41,200 from Micronova Industries for Brass Scrap Honey. The contract details outline the terms of the fixed cost transaction with the domestic client.The agreement specifies that Siyaram Recycling Industries Ltd is to execute the order within 15 days. This contract is categorized as a fixed cost deal and does not involve related party transactions, nor do the company's promoters have any interest in Micronova Industries.
Key details of the transaction awarded by Micronova Industries are presented below:
| Aspect | Details |
|---|---|
| Entity Awarding Order | Micronova Industries |
| Nature of Order | Fixed cost for Brass Scrap Honey |
| Origin of Client | Domestic entity |
| Total Consideration | Rs 98,41,200/- |
| Execution Timeline | Within 15 Days |
| Related Party Status | No transaction with related party |
The order represents a business win for Siyaram Recycling Industries Ltd in the recycling sector.
Stock Price Movement
Siyaram Recycling Industries Ltd is sinking as of 14:40, trading at ₹43.54 in a 5.00% decline. The shares traded within an intraday range, moving between a high of ₹47.00 and the current low of ₹43.54.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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