Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Bagging of Order for Excavation, Loading and Transportation of Pond Ash / Bottom Ash
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Refex Industries Limited has announced that it has secured a new order for excavation, loading, and transportation of pond ash and bottom ash. This falls under the company's existing ash handling and power sector services business. The announcement has been filed under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulation 30, meaning it is a material disclosure. Specific details such as the client name, order value, contract duration, and timeline were not disclosed in the headline. Pond ash and bottom ash are byproducts typically generated from coal-based thermal power plants, indicating this order is likely related to power sector operations.
This is a routine business order win that adds to the company's order book, but without disclosed value or client details, its material impact on revenue or stock price is unclear. Shareholders should look for the detailed order value and client information to assess significance.