Refex Industries Secures INR 49 Crore Material Handling Contract
Filing Summary
Refex Industries Limited has secured an order valued at INR 49 Crore for material handling and transit operations of bulk commodity material. The contract, awarded by a Mini Ratna Company, spans a duration of three years. This domestic contract involves the provision of supply and services related to material handling. The company confirmed that there is no promoter interest or related party transaction involved in this order. The announcement was made in compliance with Regulation 30 of the SEBI Listing Regulations.
Refex Industries Limited has announced the procurement of an order for material handling and transit operations for bulk commodity material. The order is valued at INR 49 Crore and will be executed over a period of three years. This contract was awarded by a Mini Ratna Company, and it involves domestic operations.
The scope of the contract includes supply and services related to the handling and transit of bulk commodity material. Refex Industries confirmed that the order does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract.
This announcement was made in accordance with Regulation 30 of the SEBI Listing Regulations, ensuring compliance with the necessary disclosure requirements. The company has requested that this information be recorded and disseminated on relevant platforms.
The awarding entity, a Mini Ratna Company, is recognized for its significant role in the Indian public sector, focusing on various industrial operations. These companies are known for their operational efficiency and strategic importance in the Indian economy.
Refex Industries Limited is engaged in providing services related to refrigerant gases, coal trading, and power generation. The company focuses on expanding its operational capabilities and enhancing service delivery in its core business areas. Refex Industries continues to pursue opportunities that align with its strategic objectives in the industrial sector.