
Business Update25 Sept 2026, 02:21 pm
Refex Industries Commences Ready-Mix Concrete Business
AI Summary
Refex Industries Limited has officially launched its Ready-Mix Concrete (RMC) business, a strategic move to integrate forward within its existing Coal and Ash Handling operations. This expansion aims to deepen the company's involvement in the infrastructure and construction sectors. The RMC business will operate on an asset-light, lease-based model to ensure rapid market entry and scalability. The first RMC plant has commenced commercial operations in Wadmukhwadi, Pune, Maharashtra, effective September 25, 2026. Mr. Anil Kulkarni will lead this new venture as Chief Business Officer.
Key Highlights
- Refex Industries launches new Ready-Mix Concrete (RMC) business.
- Expansion leverages existing Coal & Ash Handling capabilities.
- Operates on an asset-light, lease-based model for scalability.
- First RMC plant operational in Pune from September 25, 2026.
Price Impact
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