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(17/12/2025 10:13)

Refex Industries bags Rs 27.5 cr order from PSU power producer

Refex Industries Limited (RIL) has secured an order from a major PSU power producer for the transportation of pond ash to National Highways Authority of India (NHAI) road projects.

The contract involves transportation services for pond ash and is awarded by a domestic entity. The order is to be executed over a period of four months, with a total contract value of approximately Rs 27.50 crore.

The company has confirmed that neither the promoter nor the promoter group has any interest in the entity awarding the contract. Further, the transaction does not fall under related party transactions.

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