Refex Industries Limited has secured a domestic order worth approximately Rs 32.45 crore (including GST) for the transportation of pond ash to NHAI and PWD road construction sites.
The contract has been awarded by a Maharatna Public Sector Undertaking (PSU) and involves logistics support for infrastructure projects. The order is to be executed over a period of one year, with a provision for extension of up to six months.
The company clarified that the contract does not involve any related party transactions and that neither the promoter group nor associated entities have any interest in the awarding entity.