Refex Industries Secures Pond Ash Transportation Contract

21 Apr 2026 CW Team

Refex Industries Limited (RIL) has secured an order for the transportation of pond ash to National Highways Authority of India (NHAI) and Public Works Department (PWD) road construction sites, the company disclosed to stock exchanges under the Securities and Exchange Board of India (SEBI) listing obligations. The award was reported under Regulation 30 of the SEBI Listing Regulations and was accompanied by an annexure setting out the contract particulars. The contracting party was described as a Maharatna public sector undertaking. The disclosure was signed by the company secretary on behalf of RIL.

The contract is for the domestic transportation of pond ash and is structured for execution over one year, extendable for a further six months. The scope covers movement of material to NHAI and PWD sites and does not involve any international operations. The company stated that the promoters or promoter group do not have any interest in the entity that awarded the contract.

The broad consideration for the order was indicated as approximately Rs 324.5 million (mn) inclusive of goods and services tax, converted from the reported figure of Rs 32.45 Crore. The release defined million (mn) at first mention and used the abbreviation thereafter. The company also confirmed that the contract does not constitute a related party transaction and therefore is not subject to arm's length disclosures. The conversion is intended to facilitate investor understanding of the order size in standard terms.

Refex Industries said it will undertake mobilisation and logistic arrangements to fulfil the contractual obligations within the stipulated period and any approved extension. The company secretary filed the disclosure with exchanges and requested dissemination on the respective platforms. Operational execution will be aligned with statutory compliances and reporting requirements. The company indicated contractual performance will follow applicable environmental and safety regulations.

Infrastructure Urban

26 Jun 2026

PRS International marks 18 years of global advisory work

PRS International Group of Companies recently said it has strengthened its position as a sovereign-grade multinational advisory organisation, marking nearly 18 years of operations across strategic communications, institutional advisory and international cooperation. The Group, with headquarters in Washington, D.C. and New Delhi, said its work spans more than 190 countries and supports governments, multilateral institutions, investors, corporations and private clients. The organisation said its services cover government advisory, crisis management, trade and investment facilitation, nation bra..

dormakaba showcases access solutions at iDAC Chandigarh

dormakaba recently participated in iDAC Chandigarh 2026 at JW Marriott, engaging with architects, interior designers, developers, hospitality professionals and industry experts. The access solutions brand showcased a range of security and architectural products, including Mechanical Key Systems, Digital Cylinder, C Lever, Lever Handle, AIDO’s SLYNK Profiled Door System and Hotel Lock. The company said AIDO’s solutions added a design-led architectural and hospitality dimension to its presence at the event. The SLYNK Profiled Door System drew attention for supporting modern interiors where ..

Tata Power Secures Karnataka Transmission Project

Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..