Refex Industries secures major pond ash transportation contract

Refex Industries Limited (RIL) has secured a contract for the transportation of pond ash to NHAI road projects. The order, from an entity based in Maharashtra, is valued at approximately INR 30.95 crore.

The project covers the transportation of pond ash to various NHAI road construction sites. This domestic order is expected to be executed within five months.

Refex Industries confirmed that its promoters, promoter group, and group companies have no interest in the entity that awarded this contract, and the transaction does not fall under related party transactions. This development highlights Refex Industries' involvement in infrastructure-related logistics.