Siyaram Recycling Industries has announced securing a significant order worth ₹3.20 crore from Anurag Impex for the supply of Brass Scrap Honey. According to an exchange filing, the total order value stands at ₹3,20,59,066 and is scheduled to be executed within seven days. The company has clarified that the contract does not involve any related-party transactions and confirmed that neither its promoters nor promoter group entities have any interest in the deal.
As reported by Business Standard, Siyaram Recycling Industries is engaged in the manufacturing of various brass plumbing and sanitary components. The company's core business involves processing and supplying brass scrap materials, positioning it as a key player in the recycling and brass manufacturing sector.
According to the exchange filing, the company reported a sharp decline in performance for FY26, with net profit falling 74% to ₹3.79 crore. Net sales also dropped 29.3% to ₹361.69 crore compared to the previous fiscal year. These financial results highlight the challenging operating environment the company faced during the fiscal year.
