Refex industries lands ₹32.89 crore pond ash transportation contract

Refex Industries Limited has secured a domestic contract valued at approximately ₹32.89 crore for the transportation of pond ash to NHAI road projects. A major power producer (PSU) awarded the order, indicating Refex Industries' engagement with public sector entities. This contract, involving the supply and services related to pond ash transportation, is expected to be executed within five months.

The announcement, made on November 29, 2025, aligns with SEBI disclosure requirements. The company confirms no promoters, promoter groups, or group companies have an interest in the entity that awarded the contract, and the transaction does not fall under related party transactions.

This contract underscores Refex Industries' operational capabilities and its contribution to national infrastructure development through its transportation services.