Commercial Operations Begin at First Ready-Mix Concrete Plant in Pune
Refex has commenced its Ready-Mix Concrete business as a forward integration of its Coal & Ash Handling unit.
- First RMC Plant Location
- Wadmukhwadi, Pune, Maharashtra
- Commercial Operations Start Date
- September 25, 2026
- Business Model
- Lease-based, asset-light model
- Business Head
- Mr. Anil Kulkarni, Chief Business Officer
- Business Type
- Ready-Mix Concrete (RMC) as forward integration of Coal & Ash Handling unit
What was announced
Refex Industries has commenced commercial operations of its Ready-Mix Concrete (RMC) business under its Coal & Ash Handling Business Unit.
- First RMC plant is located at Wadmukhwadi, Pune, Maharashtra.
- Commercial operations began with effect from September 25, 2026.
- The business is headed by Mr. Anil Kulkarni, Chief Business Officer.
The business model
The company describes this as a forward integration step, using its existing capabilities in coal and ash handling to move into downstream construction materials.
RMC involves producing and supplying ready-mix concrete for residential, commercial, industrial and infrastructure projects. Refex proposes to run it through a lease-based, asset-light model, which it says allows faster market entry, scalable expansion and optimised capital deployment.
How to read it
This is an operational update marking entry into a new line of business adjacent to the company's existing infrastructure-linked activities. It signals diversification of revenue streams, though the financial contribution will only be visible in future results.
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