Siyaram Recycling Industries Secures Rs 46,19,700 Order for Brass Scrap from Metal Scrap India

Siyaram Recycling Industries Secures Rs 46,19,700 Order for Brass Scrap from Metal Scrap India

Siyaram Recycling Industries Secures Rs 46,19,700 Order for Brass Scrap from Metal Scrap India​

Siyaram Recycling Industries Ltd has secured a significant order totaling Rs 46,19,700 from Metal Scrap India for the supply of Brass Scrap. The transaction involves a fixed cost contract and is scheduled for execution within seven days.

The business arrangement details state that the order comes from a domestic entity. Siyaram Recycling Industries Ltd will be supplying the Brass Scrap to Metal Scrap India as part of this fixed cost commitment.

Key details of the secured contract are summarized below:

DetailDescription
Entity Awarding OrderMetal Scrap India
Product / Nature of OrderBrass Scrap (Fixed cost)
Total Order ValueRs 46,19,700
Origin of Awarding EntityDomestic
Delivery TimelineWithin 7 Days

The transaction was noted to involve no interest from the promoter or the promoter group in Metal Scrap India. Furthermore, the order has been confirmed not to be a related party transaction.

Stock Price Movement​

As of 14:07, Siyaram Recycling Industries Ltd is ticking up at ₹45.83, achieving a strong gain of 4.99%. The shares traded throughout the session within an intraday range, moving between a low of ₹44.00 and a high of ₹45.83.
 

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