Refex Industries has commenced its Ready-Mix Concrete (RMC) business, leveraging its existing capabilities and expertise in the Coal and Ash Handling business to expand into downstream construction materials and further strengthen its presence in the infrastructure and construction ecosystem.
The RMC business involves the production and supply of ready-mix concrete for residential, commercial, industrial and infrastructure projects. The company proposes to undertake the RMC business through a lease-based, asset-light model, facilitating faster market entry and scalable expansion while enabling optimised capital deployment. In this regard, the company has commenced commercial operations at its first RMC plant located at Wadmukhwadi, Pune, Maharashtra, with effect from September 25, 2026.
Refex Industries is in the business of Ash & Coal, handling business solar power - generation and related activities, sale of services and solar module trading.