Refex Industries Secures INR 31 Crore NHAI Transportation Order
Filing Summary
Refex Industries Limited has secured an order valued at approximately INR 31 Crore for the transportation of pond ash to National Highways Authority of India (NHAI) road projects. The order, awarded by a Maharashtra-based entity, is domestic in nature and is to be executed within five months. The contract does not involve any related party transactions, and there is no promoter interest in the awarding entity. This development was disclosed under Regulation 30 of the SEBI Listing Regulations, as detailed in the company’s filing dated December 1, 2025.
Refex Industries Limited has announced the procurement of an order for the transportation of pond ash to NHAI road projects. The order, valued at approximately INR 31 Crore, was awarded by an entity based in Maharashtra. This information was disclosed in accordance with Regulation 30 of the SEBI Listing Regulations, as outlined in the company’s filing dated December 1, 2025.
The scope of the contract involves the transportation of pond ash, a task that is to be completed within a period of five months. The order is domestic in nature, with no international involvement. The filing specifies that there is no interest from the promoter or promoter group in the entity that awarded the contract. Additionally, the transaction does not fall under related party transactions.
The order is part of Refex Industries’ ongoing business activities in the transportation sector, specifically focusing on infrastructure projects. The company has not disclosed any further terms or conditions related to the contract in the filing.
Refex Industries Limited is engaged in various business activities, including the handling and transportation of industrial by-products. The company focuses on expanding its operations in the infrastructure sector, leveraging its expertise in logistics and transportation to secure contracts with significant entities like the NHAI. This strategic direction aligns with its objective to enhance its service offerings in the domestic market.