Clarification19 Sept 2026, 08:10 pm
Refex Industries Clarifies Contract Quantity to 10 Lakh MT
AI Summary
Refex Industries Ltd has issued a clarification regarding a previously announced contract for lifting Pond Ash and Fly Ash. The company corrected a typographical error in its September 19, 2026 filing, specifying the contract quantity as 10 Lakh Metric Tons, not 10 Metric Tonnes. The contract is with a domestic Public Sector Undertaking in Madhya Pradesh, valued at approximately INR 160 crores, and is for lifting materials under RCR (Road-cum-Rail) Mode over 18 months, extendable with mutual consent. There are no changes to the contract's value, scope, or other terms.
Key Highlights
- Contract quantity clarified to 10 Lakh Metric Tons.
- Contract value estimated at approximately INR 160 crores.
- Execution period is 18 months, extendable.
- Clarification corrects a typographical error from prior disclosure.
Price Impact
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