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Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Refex Industries Ltd
Refex Industries bags Rs. 32.44 Crore Ash Transport Rate Contract
ORDERS ▲ Positive Development LOW RISK
📅 Filed on BSE: 17 Oct 2026, 12:50 PM IST  ·  BSE ID: 8717f6d0-b886-4c97-8b56-d061254dcc74
View Original BSE Filing (PDF)
💡
In Simple Terms
Refex Industries won a one-year contract to transport ash from a major power company, valued up to Rs. 32.44 Crore.
🤖 AI Summary
  • Refex Industries secured Rs. 32,44,50,000 rate contract for ash transportation.
  • Contract is with a Maharatna PSU under the Ministry of Power.
  • Scope includes ash excavation, loading, transport, and unloading.
  • Contract is valid for one year, extendable by six months.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Cumulative Maximum Award Value
Rs. 32,44,50,000/- (incl. GST)
Contract Validity
One (1) year, extendable by a further period of six (6) months
🏢 How This Affects the Company
📈
Business Impact
This rate contract expands Refex Industries' order book in the ash transportation segment, potentially contributing to recurring revenue streams.
💰
Financial Impact
The Rs. 32,44,50,000 cumulative maximum award value will contribute to future revenue, subject to actual utilization under the rate contract.
⚙️
Operational Impact
The contract necessitates operational readiness for ash excavation, loading, transportation, and unloading services from dykes.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders at this time.
👤
Who Is Affected
All shareholders are affected by this order win which contributes to the company's revenue generation capacity.
🔍
Management Signal
This order win demonstrates management's focus on expanding its service contracts within the infrastructure and energy sectors.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Future order book updates from Refex Industries.
Performance review of ash transportation segment.
Company's quarterly results disclosure.
LOW RISK The filing concerns a standard order win notification with clear contract terms and value.
💡 Investor Takeaway
Refex Industries secured a Rs. 32,44,50,000 rate contract for ash transportation from a Maharatna PSU, valid for one year, extendable by six months.
⚖️ Strengths & Concerns

✅ Positives

  • Secured a significant Rs. 32,44,50,000 rate contract from a Maharatna Public Sector Undertaking.
  • Contract duration is one year with a six-month extension option, providing visibility.
📅 Company Track Record
Refex Industries has recently secured multiple ash transportation rate contracts, including approximately INR 40.83 Crore in August 2026 and INR 22.75 Crore in July 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the value of the ash transportation rate contract Refex Industries received?
Refex Industries received a rate contract with a Cumulative Maximum Award Value of Rs. 32,44,50,000/- (including GST).
Who awarded the rate contract to Refex Industries?
The rate contract was awarded by a Maharatna Public Sector Undertaking under the Ministry of Power.
What is the duration of the ash transportation rate contract?
The Rate Contract is valid for a period of one (1) year, extendable by a further period of six (6) months.
What services are covered under Refex Industries' ash transportation contract?
The scope includes ash excavation, loading, transportation, and unloading from dykes.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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