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24 Aug 20261 filing
Award details
- Awarding entity: an entity based in Telangana.
- Scope: loading and transportation of fly ash; excavation also awarded.
- Total aggregate value: ₹33.70 crore including GST.
- Contract 1 value: ₹32.78 crore including GST.
- Contract 2 value: ₹0.91 crore including GST.
- Execution period: 120 Days.
- No promoter group interest; not a related-party transaction.
22 Aug 20261 filing
Senior Management Appointments
- Appointment as SMP: Anil S. Kulkarni named Chief Business Officer - RMC, effective Aug 22, 2026.
- Appointment as SMP: Prasad Jakkaraju named Vice President / Head - ESG, effective Aug 22, 2026.
21 Aug 20262 filings
ESOP Allotment Update
- Nomination and Remuneration Committee approved allotment of 9,100 equity shares on Aug 21, 2026.
- Issued capital increased from ₹27,44,38,896 to ₹27,44,57,096 after allotment.
- Total shares after issue: 13,72,28,548; ISIN INE056I01025.
- Options exercised: 9,100; money realized: ₹4,54,200.
- Date of issue: August 21, 2026.
- Distinctive share numbers: 13,72,19,449 to 13,72,28,548.
- Exercise price per share: ₹20.40 for 5,500 shares; ₹95.00 for 3,600 shares.
- Premium per share: ₹18.40 for 5,500 shares; ₹93.00 for 3,600 shares.
- Allotted shares rank pari-passu with existing shares.
- Total issued share capital after this issue: ₹27,44,57,096.
18 Aug 20265 filings
Event details
- Creation of pledge over equity shares of Refex Industries Limited by promoter Refex Holding Private Limited.
- Promoter involved: Refex Holding Private Limited.
- Pledge details contained in Annexure-I and Annexure-II.
- Filing date: August 18, 2026; place: Chennai.
Award details
- Awarding entity: An entity based in Maharashtra.
- Nature and scope: Slab-wise Rate Contract for Transportation of Ash.
- Contract value: ~INR 40.42 crore, including GST.
- Execution period: 12 months.
- Domestic awarding entity; no promoter/group interest; not a related party.
- Material impact: No material impact disclosed.
Order details
- Awarding entity: an entity based in Maharashtra (domestic).
- Nature and scope: Slab-wise Rate Contract for Transportation of Ash.
- Contract value: approximately ₹40.42 crore including GST.
- Execution period: 12 months.
- Domestic award; promoter/group interest: none; related-party: no.
Promoter pledge creation
- Target company: Refex Industries Limited.
- Event: Creation of pledge on promoter shares (Aug 10, 2026).
- Promoter: Refex Holding Private Limited (RHPL).
- Promoter holding: 7,76,23,085 shares (56.57%).
- Encumbered before: 3,37,76,529 shares (24.61%).
- New pledge: 20,90,000 shares, 2.69% of total capital.
- Post-event encumbered total: 3,34,58,612 shares (24.38%).
- Favouring entity: Northern Arc Capital Limited.
- Reason: Collateral for loans taken by the company.
- Promoter encumbrance as % of promoter holding: 43.10%.
- Total promoter encumbrance as % of total share capital: 24.38%.
Contract details
- Awarding entity: Major Power Producer (a Maharatna CPSU), domestic.
- Nature and scope: Rate Contract for ash transportation to government road projects; excavation/loading, transport, unloading with controls.
- Term: 12 months; Value: ~ INR 27.475 crore including GST.
- Domestic status: Domestic awarding entity; no related-party transactions; arms-length.
- Promoter interest: No promoter group interest.
14 Aug 20261 filing
Order details
- Awarding entity: Major Power Producer (a Maharatna CPSU, domestic).
- Scope: excavation/loading of pond ash, transport in closed vehicles, unloading at road project sites.
- Contract: ash transportation for NHAI and other central/state road projects; 12-month term.
- Value: approx INR 40.83 crore including GST.
- Domestic award; no promoter interest; related-party none; arms-length not applicable.