Mumbai, June 17 -- The order has been awarded on a fixed-cost basis and is scheduled to be executed within seven days.

The company said neither its promoters nor promoter group entities have any interest in Green Metals FZCO, and added that the deal is not a related-party transaction.

The contract marks another export order win for the company in the metals recycling and manufacturing segment.

Siyaram Recycling Industries is engaged in manufacturing of all kinds of Brass Plumbing and Sanitary Components. On a full-year basis, the company's net profit tanked 74% to Rs 3.79 crore on a 29.3% decline in net sales to Rs 361.69 crore in FY26 over FY25.

Published by HT Digital Content Services with permission from Capital Market....