StockWatch
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Industrial Gases
Deals22 Oct 2026, 12:16 pm

Refex Industries Bags ₹31.13 Cr Ash Transport Contract

AI Summary

Refex Industries Limited (RIL) has secured a slab-wise rate contract for ash transportation to road construction projects of NHAI and other government authorities. The contract has a cumulative maximum award value of Rs. 31,13,05,500/- (incl. GST). This contract is for a period of one year, extendable by six months, and is with a domestic entity based in Maharashtra. The company has confirmed that promoters or group companies have no interest in the awarding entity and it does not fall under related party transactions.

Key Highlights

  • Secured ash transportation contract worth ₹31.13 Crore.
  • Contract valid for one year, extendable by six months.
  • Scope includes NHAI and government road construction projects.
  • No promoter or group company interest in the awarding entity.