Refex Industries Limited has informed the Exchange regarding Appointment of Mr Harshvardhan Dugar as Senior Vice President - Business Development in the category of Senior Management Personnel of the company
REFEX · price
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Refex Industries Limited has appointed Mr. Harshvardhan Dugar as Senior Vice President - Business Development for its Ash Business, in the category of Senior Management Personnel (SMP). The appointment was approved by the Board via circulation on December 29, 2025, based on the recommendation of the Nomination & Remuneration Committee. Mr. Dugar brings over 20 years of experience across sales, marketing, operations, business development, and government liaison in sectors including sugar, coal mining, power generation, renewable energy, and ash utilization. He is currently serving as Vice President (Operations) at Ashtech (India) Private Limited, handling East India operations and business expansion.
This is a routine senior-level hiring to strengthen the Ash Business vertical. The appointment of an experienced leader with direct sector expertise may support Refex's growth plans in ash utilization, though it is unlikely to have an immediate material impact on the stock price.