Refex Industries Ltd Bags Contract for Transportation of Pond Ash to NHAI PWD Sites
Refex Industries Limited has secured a contract for the transportation of pond ash to various NHAI PWD Road Construction Sites. The company announced the receipt of the order, detailing the financial and operational terms of the contract.The awarded contract involves the transportation of pond ash to NHAI PWD Road Construction Sites and was procured from a domestic entity based in Maharashtra.
According to the details provided, the contract is valued at approximately INR32.12 Crore, inclusive of GST. The agreement has an initial execution period of one year, with the option to extend for up to the next six months.
The material details regarding the order are presented below:
| Detail Type | Description | Details |
|---|---|---|
| Contract Scope | Transportation of pond ash to NHAI PWD Road Construction Sites | |
| Awarding Entity | An entity based in Maharashtra | |
| Order Nature | Transportation of pond ash to NHAI PWD Road Construction Sites | |
| Order Type | Domestic entity | |
| Consideration/Size | ~INR32.12 Crore (incl. of GST) | |
| Time Period | 1 Year and extendable up to next 6 Months | |
| Related Parties | No related party transactions | |
| Promoter Interest | No interest noted in the awarding entity |
REFEX Stock Price Movement
Shares of Refex Industries Limited are rallying to ₹255.39 as of 12:08 PM, gaining 4.34% in live trading. The equity continues to see strong interest, with over 664,164 shares transacted so far today.Source:
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