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.

Analysis Scores

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”