The order is scheduled to be executed within seven days. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding firm, confirming that the deal does not fall under related-party transactions.

Siyaram Recycling Industries is primarily engaged in the recycling of brass scrap.

On a full-year basis, the company's net profit jumped 93.8% to Rs 14.57 crore on a 23.9% rise in net sales to Rs 511.56 crore in FY25 over FY24.