BSEGeneral3d ago · 17 Oct 2026, 12:50 pm
Refex Industries Limited (RIL) bags a rate contract for transportation of Ash from one of the Maharatna Companies under the Ministry of Power
Refex Industries Ltd · 532884
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Refex Industries Ltd has received a rate contract for transportation of ash from a Maharatna Company under the Ministry of Power, with a cumulative maximum award value of Rs. 32,44,50,000/-, inclusive of GST.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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Refex Industries Ltd - 532884 - Announcement under Regulation 30 (LODR) - Bagging/receiving of order(s) or contract(s)
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October 17, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C-1, G Block,
Scrip Code: 532884 Symbol: REFEX
Dalal Street, Fort, Mumbai – 400001 Bandra-Kurla Complex, Bandra(E), Mumbai – 400051
RE: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") read with SEBI Master Circular
bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master
Circular”).
Subject: Bagging/Receiving of orders/contracts: Refex Industries Limited (“RIL”), received ‘Rate contract
for transportation of ash from one of the Maharatna Company under the Ministry of Power’
Dear Sir/ Ma’am,
We wish to inform you that Refex Industries Limited (‘ ’), has received award of ‘Rate contract for transportation
Rs. 32,44,50,000/-, (incl. GST)
of ash from one of the Maharatna Company under the Ministry of Power’ for a Cumulative Maximum Award Value of
The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular, are given
in Annexure-A.
You are requested to take the above information on records and disseminate the same on your websites.
Thanking you.
For & on behalf of Refex Industries Limited
Yours faithfully,
Ankit Poddar
Company Secretary & Compliance Officer
ACS-25443
Annexure-A
The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular,
are as under:
Bagging/Receiving of orders/contracts:
S. Particulars Details
name of the entity awarding the order(s)/ contract(s) A Maharatna Public Sector Undertaking
under the Ministry of Power
significant terms and conditions of order(s)/ contract(s) Scope of supply and services:
awarded in brief Receipt of award of Rate Contract for
b. transportation of ash, including ash
excavation, loading, transportation and
unloading from dykes.
whether order(s) / contract(s) have been awarded by Domestic entity
domestic/ international entity
nature of order(s) / contract(s) Rate Contract for transportation of ash,
including ash excavation, loading,
transportation and unloading from
dykes.
e. whether domestic or international Domestic
time period by which the order(s)/contract(s) is to be executed The Rate Contract shall be valid for a
f. period of one (1) year, extendable by a
further period of six (6) months.
Rs. 32,44,50,000/-, Incl. of GST
broad consideration or size of the order(s)/ contract(s) Cumulative Maximum Award Value of
whether the promoter/ promoter group / group companies
have any interest in the entity that awarded the No
order(s)/contract(s)?
If yes, nature of interest and details thereof
whether the order(s)/contract(s) would fall within related
i. party transactions? No
If yes, whether the same is done at “arm’s length”