Refex Industries Ltd Share Price

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Refex Industries bags order worth Rs 21.15 crore

Refex Industries (RIL) has procured an order worth around Rs 21.15 crore from a Maharatna Company for Transportation of ash to construction site of road projects of NHAI and other Central or State Government Road construction department / Authority / PMGSY Road Projects. The order is to be executed within 12 months. Refex Industries is a specialist manufacturer and re-filler of Refrigerant gases in India, particularly, environmentally acceptable gases that are replacements for Chloro-fluoro-carbons.

Refex Industries Secures ₹21.15 Cr Order for Ash Transportation

Refex Industries Limited has secured a domestic order valued at ₹21.15 crore for the transportation of ash to construction sites, reinforcing its growing footprint in the infrastructure support services sector. Key Deal Details: Scope & Timeline: The contract involves the logistics and transportation of ash for road construction, to be executed over a period of 12 months. Client & End-Users: The order is awarded by a Maharatna CPSE (Major Power Producer). The transported ash will be utilized in critical road projects executed by the National Highways Authority of India (NHAI), state government departments, and under the Pradhan Mantri Gram Sadak Yojana (PMGSY). Governance: The contract is an arm’s-length transaction with no related-party or promoter-group involvement. Strategic Impact: This order highlights Refex Industries' capability to execute specialized logistics for large-scale national infrastructure projects. By supporting government initiatives like NHAI and PMGSY, the company leverages its core supply chain expertise to contribute to India's rapid highway and rural road development.

Update for investors of

Refex Industries bags order worth Rs 20.27 crore

Refex Industries has procured an order from a leading Miniratna Company for logistics and material handling services in the infrastructure and mining sector. The size of the order is Rs 20.27 crore (inclusive of GST). The said order is expected to be completed in 6 months. Refex Industries is a specialist manufacturer and re-filler of Refrigerant gases in India, particularly, environmentally acceptable gases that are replacements for Chloro-fluoro-carbons.

REFEX INDUSTRIES — MADRAS HC QUASHES ₹35.67 CR TAX DEMAND ⚖️✅ • 🏛️ Madras High Court sets aside Income Tax assessment order for AY 2016-17 • 💸 Tax demand of ~₹3,567.22 lakh (~₹35.67 Cr) stands fully nullified • 📋 Original demand was raised by Dy. Commissioner of IT - Central Circle 3(4), Chennai (May 2023) • ⚠️ Company had challenged the order citing violation of natural justice (no reasonable hearing given as per Sec 144A) • 📅 HC order received by company on April 28, 2026 🟢 Impact: Positive (Removal of significant contingent liability + balance sheet relief)