Refex Industries Limited has informed the Exchange about Bagging of order for transportation of pond ash
REFEX · price
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Awaiting price reaction for this filing.
Refex Industries Limited has secured an order worth approximately INR 47 Crore for the transportation of pond ash. The order has been awarded by a domestic, Maharashtra-based company. The contract is to be executed over a period of 1 year. There is no related party interest involved, and the promoter or group companies have no stake in the awarding entity. This adds to the company's order book and provides revenue visibility for the coming year.
A positive development as it adds ~INR 47 Crore to the order book, supporting near-term revenue visibility. However, the order size appears modest relative to the company's overall scale, so the immediate stock impact is likely limited.