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Refex Industries appoints Harshvardhan Dugar to lead ash business development

Story Highlights
  • Refex Industries appoints Harshvardhan Dugar as Senior Vice President for ash business development.
  • His extensive experience in energy and ash utilisation is expected to bolster Refex’s growth and market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Refex Industries appoints Harshvardhan Dugar to lead ash business development

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Refex Industries Limited ( (IN:REFEX) ) has shared an announcement.

Refex Industries has appointed Harshvardhan Dugar as Senior Vice President – Business Development for its ash business, classified as senior managerial personnel, effective December 29, 2025, following the Board’s approval based on the Nomination and Remuneration Committee’s recommendation. Dugar brings over two decades of experience across sales, marketing, operations, business development, and government liaison in sectors including coal mining, power generation, renewable energy and ash utilisation, and his track record in project execution, regulatory clearances and market expansion is expected to strengthen Refex’s ash business growth and its positioning in a sector that depends heavily on government interfaces and operational scale.

More about Refex Industries Limited

Refex Industries Limited operates in the industrial and energy-related services space, with a focus on ash utilisation and associated businesses, serving power generation and related infrastructure sectors where efficient handling and commercialisation of ash is increasingly critical.

Average Trading Volume: 213,979

Technical Sentiment Signal: Hold

Current Market Cap: 36.09B INR

See more insights into REFEX stock on TipRanks’ Stock Analysis page.

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