Siyaram Recycling Industries Secures Rs 95,63,900 Order for Brass Scrap
Siyaram Recycling Industries Ltd has secured a noteworthy order for Brass Scrap valued at Rs 95,63,900 from Charbhuja Impex. The transaction details confirm that the order is a fixed cost nature, with the execution required within seven days.The securing of the order marks a key development for the recycling company. Charbhuja Impex is a domestic entity that awarded the contract to Siyaram Recycling Industries Ltd.
The transaction does not involve related party dealings, confirming that the entire process is conducted at arm’s length.
For a comprehensive overview of the secured contract, the key details are as follows:
| Detail | Description |
|---|---|
| Awarding Entity | Charbhuja Impex |
| Product | Brass Scrap |
| Total Order Value | Rs. 95,63,900 |
| Nature of Order | Fixed cost |
| Origin | Domestic |
| Execution Timeline | Within 7 Days |
| Related Party Status | No, transaction does not fall with related party |
The company, which operates from Jamnagar, has historically been known as Siyaram Impex Pvt. Ltd. The managing director of Siyaram Recycling Industries Ltd is Bhavesh Rampopal Maheshwari.
Stock Price Movement
As of 11:21, Siyaram Recycling Industries Ltd shares are falling sharply, currently trading at ₹35.61, down 3.76%. Throughout the session, the stock traded in a range, touching a high of ₹37.15 but dipping lower to ₹35.56.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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