Refex Industries Wins ₹20.27 Crore Logistics Order

0 min read     Updated on 21 May 2026, 06:42 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

Refex Industries has won a ₹20.27 crore order for logistics and material handling services from a leading Miniratna company. The project, focused on the infrastructure and mining sector, is expected to be completed in approximately six months.

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Refex Industries has secured a new order valued at ₹20.27 crore for the provision of logistics and material handling services. The contract has been awarded by a leading Miniratna company, underscoring the company's growing presence in the infrastructure and mining sector.

Order Details

The key parameters of the newly secured order are outlined below:

Parameter Details
Order Value ₹20.27 crore (inclusive of GST)
Service Type Logistics and Material Handling
Client Leading Miniratna Company
Sector Infrastructure and Mining
Expected Completion Approximately 6 months

Contract Overview

The order encompasses logistics and material handling services to be delivered to a prominent Miniratna company. The contract is slated for completion in about 6 months from the date of award, reflecting a defined and near-term execution timeline for Refex Industries. The company confirmed that the order has been awarded by a domestic entity and that there are no related party transactions involved.

Historical Stock Returns for Refex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+4.95%+8.67%-14.14%-31.50%+908.86%

Could this Miniratna contract serve as a gateway for Refex Industries to secure larger, long-term agreements with other government-owned enterprises in the infrastructure and mining sector?

How might successful execution of this 6-month contract impact Refex Industries' order book pipeline and revenue visibility for the next fiscal year?

Is Refex Industries planning to expand its logistics and material handling workforce or equipment capacity to scale operations beyond this contract?

Refex board to meet on May 26 to consider FY26 results

1 min read     Updated on 20 May 2026, 07:45 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Refex Industries Limited announced that its board will meet on May 26, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The meeting will also consider a final dividend for FY26. The trading window for insiders remains closed until 48 hours post-result publication.

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refex industries has scheduled a meeting of its Board of Directors for Tuesday, May 26, 2026. The meeting will be held to consider and approve the audited standalone and consolidated financial results of the company for the quarter and financial year ended March 31, 2026.

Agenda for the Meeting

The board will deliberate on the financial performance for the specified period. Additionally, the directors will consider and recommend a final dividend for the financial year 2025-26, if any. Any dividend declared will be subject to the approval of the shareholders at the ensuing Annual General Meeting.

Trading Window Closure

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the company has closed its trading window. The closure was effective from April 01, 2026, and applies to all designated persons, including insiders. The window will remain closed until 48 hours after the publication of the financial results.

Key Event Date
Board Meeting May 26, 2026
Financial Year End March 31, 2026
Trading Window Closure April 01, 2026

The intimation was issued pursuant to Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Refex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+4.95%+8.67%-14.14%-31.50%+908.86%

How does Refex Industries' expected financial performance for FY2025-26 compare to its peers in the refrigerant gases and coal trading sectors?

What factors could influence the board's decision on whether to declare a final dividend for FY2025-26, and what has been the company's historical dividend payout trend?

How might Refex Industries' recent business expansions or strategic initiatives impact its consolidated revenue and profitability metrics for FY2026?

More News on Refex Industries

1 Year Returns:-31.50%