Refex Industries Limited has announced a major new contract to supply a bulk industrial commodity to a leading Navratna PSU operating within the steel sector. Valued at INR 70.2 crore, this significant domestic order is scheduled for completion within approximately two months. This contract win represents a strong addition to the company’s operational portfolio and provides a boost to its revenue projections for the current quarter.
Strategic Order Win
Refex Industries Limited (RIL) has successfully procured a domestic order for the supply of a bulk industrial commodity. The contract, awarded by a prominent Navratna Public Sector Undertaking (PSU) in the steel industry, is valued at INR 70.2 crore. This development underscores the company’s growing footprint and its capability to service large-scale industrial requirements for major government-linked entities.
Execution and Project Timeline
The scope of the engagement covers the complete supply and delivery of the industrial commodity. According to the company’s latest announcement dated April 7, 2026, the order is slated for rapid execution, with an estimated delivery timeframe of approximately two months. As a purely domestic transaction, this project is executed on an arm’s length basis, with no related party interests involved, ensuring transparent business operations.
Source: BSE
