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 won an order worth around ₹34.61 crore for excavation, loading, and transportation of pond ash to NHAI road projects. The order has been awarded by a Maharashtra-based domestic entity and is to be completed within 4 months. The contract is domestic in nature, with no related party or promoter group interest involved. This is being disclosed under SEBI's Regulation 30, indicating the company views it as material information for the market.
This is a modest, short-duration order that adds to the company's order book but is unlikely to materially move the stock on its own. It signals continued business activity in ash handling for infrastructure projects, which is a positive operational update.