Refex Industries Secures Contract for Ash Transportation for Major Government Road Projects
Refex Industries Limited (RIL) has secured a contract involving ash transportation services for the construction sites of major road projects managed by NHAI and other Central or State Government Road construction departments, including PMGSY Road projects.The awarded order is valued at approximately INR 20.94 Crore and covers a service period of twelve months. The contract relates to transporting ash to the designated construction locations for these crucial infrastructure projects.
Key details regarding this order acquisition by Refex Industries Limited are presented below:
| Detail | Information |
|---|---|
| Entity Awarding Contract | Entity based in Maharashtra |
| Scope of Services | Ash Transportation to construction site of road projects of NHAI and other Central or State Government Road construction department / Authority / PMGSY Road Project |
| Nature of Order | Domestic ash transportation service for government road projects |
| Time Period | 12 Months |
| Order Consideration | Approximately INR 20.94 Crore |
The contract pertains to a domestic entity and there is no indication of promoter or group company interest in the awarding entity, nor would the order fall under related party transactions.
REFEX Stock Price Movement
Refex Industries Limited shares settled today after shedding 1.38%, closing at ₹347 following a drop of ₹4.85 from previous close. The stock activity was characterized by a volume of 794,573 shares traded throughout the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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