Refex Industries Wins ₹21.15 Crore Fly Ash Logistics Order

Refex Industries Ltd. has been awarded a 12-month contract valued at approximately ₹21.15 crore by a prominent domestic Maharatna Central Public Sector Enterprise (CPSE). The contract mandates the domestic transportation of fly ash to various road construction sites. These include projects overseen by the National Highways Authority of India (NHAI), Central and State road departments, and rural initiatives under the Pradhan Mantri Gram Sadak Yojana (PMGSY). Refex confirmed this is an independent, arm's-length transaction with no promoter or related-party involvement.

News by Rahul Yelligetti.