Refex Industries Secures ₹47 Crore Order for Pond Ash Transportation; Share Price in Focus

Refex Industries Limited has announced the receipt of a significant contract from a Maharashtra-based company for the transportation of pond ash. The order, valued at approximately ₹47 crore, is set to be completed within a one-year period, marking a notable addition to the company’s domestic project portfolio.

Order Details and Execution 

The scope of the contract covers the transportation of pond ash and has been awarded by a domestic entity. The deal does not involve any related party transactions, and the promoter or promoter group holds no interest in the awarding company. 

Refex Industries will execute the order over one year, strengthening its operational footprint in the industrial waste management and ash handling sector.

About Refex Industries

Refex Industries Limited is engaged in businesses spanning coal ash management, refrigerant gases, and solar power generation. The company has built a reputation in ash utilisation and handling services, providing sustainable solutions for thermal power plants and other industrial facilities. 

Its diversified operations reflect a strategic approach to capitalise on opportunities in the renewable energy and environmental services sectors.

Also Read: Shakti Pump Secures ₹1,037 Crore Solar Pumps Order From MSEDCL!

Refex Industries Share Price Performance 

As of August 14, 2025, at 10:03 AM, Refex Industries share price is trading at ₹379.60 per share, reflecting a gain of 0.20% from the previous closing price. Over the past month, the stock has declined by 13.32%.

Conclusion

Securing this ₹47 crore pond ash transportation order reinforces Refex Industries’ strong position in the waste management industry and adds to its ongoing project pipeline. With a clear execution timeline and no related party involvement, the deal underscores the company’s ability to win and deliver high-value contracts in the domestic market.

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