Refex industries lands ₹27.50 crore pond ash transport deal for NHAI projects

Refex Industries Limited has secured an order for the transportation of pond ash to National Highways Authority of India (NHAI) road projects. The contract, awarded by a major power producer, involves domestic transportation services and is valued at approximately ₹27.50 crore. The project is expected to be executed within a timeframe of four months.

This order highlights Refex Industries' continued involvement in essential infrastructure development, supporting NHAI road projects. The company confirmed that neither its promoters, promoter group, nor group companies have any interest in the entity that awarded the contract, and the transaction does not involve related party transactions.

The announcement was formally communicated by ankit poddar, company secretary & compliance officer of Refex Industries Limited, on December 17, 2025.