Disclosure under Regulation 30 of SEBI (LODR) Regulations 2015 - Bagging of Order for Transportation of Pond ash to NHAI Road Projects
REFEX · price
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Awaiting price reaction for this filing.
Refex Industries has secured an order for the transportation of Pond ash to road projects awarded by the National Highway Authority of India (NHAI). Pond ash is a byproduct from coal-fired thermal power plants, commonly used in road construction. NHAI is a government body under the Ministry of Road Transport and Highways, indicating this is a public-sector infrastructure contract. The specific order value and project details have not been disclosed in the headline. This order adds to the company's ash handling and transportation business, which is a key segment for Refex.
Positive for Refex Industries as it strengthens the order book in its ash management and transportation vertical, offering stable government-backed revenue. Without disclosed value, the immediate stock impact may be limited, but the win reinforces the company's positioning in the NHAI road construction supply chain.