StockWatch
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Industrial Gases
Business Update18 Aug 2026, 11:54 am

Refex Industries Bags ₹27.47 Cr Ash Transportation Contract

AI Summary

Refex Industries Limited (RIL) has secured a significant slab-wise rate contract for ash transportation to road construction sites of NHAI and other government projects. The contract, awarded by a Maharatna Company, is for a period of 12 months and is valued at approximately ₹27.475 Crore, including GST. The scope of work involves excavation, loading, transportation, and unloading of pond ash. This order is from a domestic entity and does not involve any promoter interest or related party transactions.

Key Highlights

  • Secured rate contract for ash transportation to government road projects.
  • Contract value estimated at ₹27.475 Crore including GST.
  • Execution period for the contract is 12 months.
  • Order awarded by a domestic Maharatna Company.
  • No promoter or related party interest involved.