Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015- Bagging of Order for excavation, loading and transportation of pond ash to open cast mines/stone quarries/NHAI project sites.
REFEX · price
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Refex Industries Limited has secured an order valued at approximately INR 36.91 Crore from a major domestic power producer company. The contract involves excavation, loading and transportation of pond ash to Open Cast Mines, Stone Quarries, and NHAI project sites over a period of 2 years. The order is not a related party transaction and the promoter group has no interest in the awarding entity. This represents a new contract win for the company in the ash handling and logistics segment.
This order provides revenue visibility for the next 2 years and could positively impact the stock, especially if the order size represents a meaningful portion of the company's annual revenue. However, the exact revenue contribution is not clear from this filing.