REFEX INDUSTRIES : BAGS RATE CONTRACT FOR ASH TRANSPORTATION

• Rate contract awarded by a Maharatna Company for Ash Transportation to construction sites of NHAI and other Central or State Government Road construction department / Authority /PMGSY Road Project • Significant terms include excavation and loading of pond ash, transportation in closed/covered vehicles, and unloading at designated sites • Contract awarded by a domestic entity and is for a period of 12 months • Broad consideration is ~INR 27.475 Crore (including GST) • Promoter/promoter group/group companies have no interest in the awarding entity, and the contract does not fall under related party transactions

Refex Industries Limited

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