Refex Industries Limited has announced a new order win for the supply of a bulk industrial commodity. The contract, awarded by a prominent Navratna PSU operating in the steel sector, is valued at approximately ₹36.50 crore. This significant order further strengthens the company’s revenue outlook and operational footprint in the industrial sector. The project is expected to be executed within a period of 40 days.
Strategic Order Win
Refex Industries Limited has successfully bagged a new contract for the supply of Bulk Industrial Commodity. This order has been placed by a leading Navratna PSU in the Indian steel industry, underscoring the company’s ability to maintain strong business relations with key public sector enterprises. The deal is valued at ₹36.50 crore, representing a notable contribution to the company’s current order book.
Execution and Scope
The contract focuses on the supply of essential industrial commodities required by the client for their ongoing operations. The project is characterized by a rapid turnaround time, with an expected completion schedule of approximately 40 days from the date of the announcement on May 13, 2026. This development reinforces Refex Industries’ position as a reliable supplier in the industrial commodities market.
Transaction Transparency
Refex Industries Limited has confirmed that this contract does not involve any promoter group interest and is executed on an arm’s length basis, ensuring complete transparency. The project is purely domestic in nature, supporting the company’s focus on domestic industrial growth and supply chain efficiency.
Source: BSE
