Refex Industries Bags ₹22.75 Cr Ash Transportation Contract

Refex Industries Limited (RIL) has secured a significant Rate Contract for Ash Transportation to Road Construction Sites from a Major Power Producer (A Maharatna CPSE). The contract is valued at approximately INR 22.75 Crore and is expected to be executed over a period of about 12 months. This domestic order highlights RIL's role in supporting infrastructure development through essential logistical services. The company confirmed that its promoters or group companies do not have any interest in the awarding entity, and the transaction does not fall under related party transactions.