Refex Industries Bags INR 22.75 Crore Ash Transportation Contract

Core Announcement – Order Details

Awarding Entity: Major Power Producer (A Maharatna Central Public Sector Enterprise)

Domestic/International Order: Domestic

Nature of Order/Contract: Rate Contract for Ash Transportation to Road Construction Sites. The scope involves supply and services for ash transportation.

Order Value: ~ INR 22.75 Crore

Materiality Context: Not Specified

Execution Timeline: Approximately 12 months

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No. The promoter/promoter group/group companies have no interest in the entity that awarded the order.

Financial Implication: Not Specified