Business Update20 Apr 2026, 12:05 pm
Refex Industries Bags ₹32.12 Cr Pond Ash Transport Order
AI Summary
Refex Industries Limited has secured a significant order for the transportation of pond ash to NHAI PWD Road Construction Sites in Maharashtra. The contract is valued at approximately INR 32.12 Crore, inclusive of GST, and has an initial execution period of one year, extendable by six months. This order is from a domestic entity and does not involve the promoter group or related parties. The successful procurement of this contract is a positive development for the company's business operations.
Key Highlights
- Secured order for transportation of pond ash valued at ₹32.12 Cr.
- Contract is with a domestic entity for NHAI PWD road construction.
- Execution period is 1 year, extendable by 6 months.
- No promoter group or related party interest involved.
- Order falls outside related party transactions.