Refex Industries Secures ₹32.78 Crore Order

CHENNAI — Refex Industries Limited (NSE: REFEX / BSE: 532884) has officially secured a high-value domestic contract valued at ₹32.78 crore.

The corporate order reinforces the company’s expanding footprint in environmental utility support and industrial ash management solutions. Announced through official regulatory filings, the contract involves specialized logistics and handling services tailored for national infrastructure development.

Infrastructure Logistics and Operational Scope

The newly secured agreement focuses on the excavation, loading, and systematic transportation of industrial by-products, including pond ash, to designated National Highways Authority of India (NHAI) and Public Works Department (PWD) road construction sites. Refex Industries continues to leverage its specialized expertise in waste management logistics, ensuring sustainable ash utilization for large-scale civil projects.

According to official exchange filings, corporate disclosures, and market reports:

• Contract Value: ₹32.78 crore (inclusive of applicable taxes).

• Core Execution: Transportation and management of industrial pond ash for highway and road infrastructure.

• Client Base: Awarded by a major domestic business entity and power sector partners.

• Execution Timeline: Scheduled for completion across a defined operational window with standard extension provisions.

Official Sources Section

• National Stock Exchange (NSE) India: Official corporate governance filings, stock ticker data for REFEX, and material event disclosures.

• Bombay Stock Exchange (BSE): Regulatory notices, corporate announcements, and contract award notifications for security code 532884.

• Refex Industries Investor Relations Portal: Official corporate updates, sustainability reports, and business segment announcements.

Quote Section

According to statements released in official corporate disclosures by Refex Industries regarding ongoing business expansion:

"The securement of this contract highlights our continuous operational capability and trusted positioning within environmental infrastructure logistics, ensuring reliable execution for major national development projects."

Why It Matters

For institutional investors, equity shareholders, and infrastructure stakeholders, steady contract inflows provide predictable revenue visibility. Refex Industries' specialization in converting industrial waste into productive road construction material aligns with national sustainability mandates and robust capital expenditure cycles.

Key Facts at a Glance

• Company: Refex Industries Limited (REFEX).

• Order Value: ₹32.78 crore.

• Service Domain: Industrial ash handling, environmental services, and road infrastructure logistics.

• Compliance: Independent domestic transaction with no related party involvement.

FAQ Section

What is the total value of the new contract secured by Refex Industries?

The newly announced contract is valued at ₹32.78 crore.

What is the primary scope of work under this agreement?

The project entails handling, loading, and transporting industrial pond ash to NHAI and PWD road construction sites.

Where can investors verify official exchange filings for Refex Industries?

Regulatory disclosures and contract updates are published directly through the NSE India Portal and BSE Corporate Filings.

How does this contract impact the company's business model?

Consistent contract wins in ash management reinforce Refex's revenue stability within the environmental services and infrastructure support sector.

Source: NSE India, BSE India, Refex Industries Investor Portal, Investment Guru