Refex Industries Secures INR 44 Crore NHAI Pond Ash Transport Order
Filing Summary
Refex Industries Limited has secured an order valued at approximately INR 44 Crore for the transportation of pond ash to National Highways Authority of India (NHAI) road projects. The order involves excavation, loading, transportation, and unloading services. The contract, awarded by a large domestic business conglomerate, is set to be executed within four months. There is no involvement of related party transactions in this order. The company has confirmed that neither the promoter group nor group companies have any interest in the awarding entity.
Refex Industries Limited has announced the procurement of an order for the transportation of pond ash to National Highways Authority of India (NHAI) road projects. The order, valued at approximately INR 44 Crore, was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The order involves the excavation, loading, transportation, and unloading of pond ash. The contract has been awarded by a large domestic business conglomerate. The execution period for the order is specified as four months from the date of commencement.
Refex Industries has clarified that the order does not involve any related party transactions. Additionally, the company has stated that neither the promoter nor the promoter group has any interest in the entity awarding the contract.
The order is part of Refex Industries’ ongoing business activities in the transportation and logistics sector, focusing on infrastructure projects. The company continues to engage in contracts that align with its operational capabilities and strategic business objectives.
Refex Industries Limited is engaged in various business segments, including refrigerant gases, power trading, and logistics services. The company focuses on expanding its presence in infrastructure-related projects, leveraging its expertise in logistics and transportation to secure and execute contracts efficiently.