StockWatch
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Industrial Gases
Business Update7 Jul 2026, 05:00 pm

Refex Industries Bags ₹20.94 Cr Ash Transportation Order

AI Summary

Refex Industries Limited (RIL) has secured a significant order for Ash Transportation services to road project construction sites of NHAI and other Central/State Government road construction departments. The contract, valued at approximately ₹20.94 Crore, is for a duration of 12 months. This order underscores RIL's role in supporting major infrastructure development projects within India. The company confirmed that there is no interest from promoters or promoter group in the awarding entity, and the transaction does not fall under related party transactions.

Key Highlights

  • Secured ₹20.94 Crore order for Ash Transportation.
  • Contract duration is for 12 months.
  • Services are for NHAI and government road projects.
  • No promoter interest in the awarding entity.
  • Transaction is not a related party deal.