Refex Industries Limited (RIL), a Refex Group Company, announced on Friday, November 29, 2025, that it has secured a domestic contract worth INR 32.89 Crore. The company disclosed the order details in a filing to the BSE and National Stock Exchange of India Limited regarding the “bagging of orders/contracts”.
Contract Details: The order entails the transportation of pond ash to National Highways Authority of India (NHAI) road projects. The contract was awarded by a domestic entity described as a “Major Power Producer (PSU)”.
According to the disclosure under Regulation 30 of the SEBI Listing Regulations, the project must be executed within a time period of 5 months.
Key Highlights of the Order:
Scope of Work: Transportation of pond ash to NHAI road projects.
Order Value: INR 32.89 Crore.
Execution Timeline: 05 Months.
Client Profile: A domestic Major Power Producer (PSU).
Corporate Governance Refex Industries confirmed that the promoter or promoter group has no interest in the entity that awarded the contract, and the order does not fall within related party transactions. The filing was signed by Ankit Poddar, the Company Secretary and Compliance Officer.
About Refex Industries Limited: Refex Industries Limited is a Chennai-based company with its registered office at Refex Towers, Sterling Road, Nungambakkam. The company also operates a factory in the Chengalpattu District of Tamil Nadu
