Refex Group

Refex Group is an Indian diversified business group headquartered in Chennai, Tamil Nadu. The group operates across sectors including logistics, renewable energy, ash and coal handling, and electric mobility services. Its listed entity, Refex Industries Limited, is traded on Indian STOCK exchanges. Refex Group expanded its operations through its listed arm, Refex Industries Limited, which has been engaged in fly ash handling, coal trading, and infrastructure-related services.

Operations

The group’s operations include industrial logistics, ash handling solutions for power plants, renewable energy activities, and mobility services. Refex has entered the electric vehicle (EV) mobility segment through its green mobility initiatives, providing EV-based transportation services in select Indian cities.

Electric mobility initiatives

Refex Group expanded into electric mobility through EV operations, including airport taxi services and urban fleet deployment. Media reports have noted expansion plans to increase EV deployment across multiple cities in India.

Regulatory matters

In 2025, media reports stated that income tax search operations were conducted at premises associated with the Refex Group. Subsequent corporate disclosures reported that the search proceedings had concluded and that the company denied certain media reports regarding alleged irregularities.