Refex Industries Merger & Restructuring
Refex Industries held NCLT-convened meetings for shareholders and creditors to approve a Composite Scheme of Amalgamation and Arrangement. The proceedings of these meetings are summarized.
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Refex Industries held NCLT-convened meetings for shareholders and creditors to approve a Composite Scheme of Amalgamation and Arrangement. The proceedings of these meetings are summarized.
Refex Industries submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of funds from its preferential issues.
Refex Industries Limited filed the e-voting results and consolidated scrutinizer's report for its 24th Annual General Meeting held on July 31, 2026.
Refex Industries held its 24th AGM on July 31, 2026, where shareholders approved financial statements and the variation in utilization of preferential issue proceeds.
Refex Industries shows strong Q1 FY27 growth across Ash and Wind segments, though Wind margins are currently razor-thin due to pre-operating costs. Management is aggressively pivoting to a pure-play product supplier model in the wind sector.
Refex Industries Limited secured a rate contract for ash transportation to road construction sites from a Maharatna CPSE, valued at approximately ₹22.75 Crore, executed over 12 months.
Refex Industries Limited announced the redesignation of Ms. Lalitha Uthayakumar to General Manager-Accounts, effective August 01, 2026, following business realignment.
Refex Industries reported Q1 FY27 Revenue of ₹619.3 crore and PAT of ₹73.6 crore. The Ash & Coal vertical secured new orders worth ₹279 crore.
Refex Industries reported strong Q1 FY27 results with 76.4% revenue growth and 122.8% PAT growth, driven by ash management and wind turbine manufacturing.
Refex Industries Ltd reported revenue from operations of ₹916.3 Cr (+160.4% YoY) and net profit of ₹64.6 Cr (+216.7% YoY) for Q1 FY27.
Refex Industries will hold a board meeting on July 29, 2026, to consider and approve the company's financial results for the quarter ended June 30, 2026.
Refex Holding Private Limited, a promoter group entity, acquired 100,844 equity shares of Refex Industries Limited on June 30, 2026.
Refex Industries convened its AGM for July 31, 2026. Agenda includes declaring a ₹1 dividend and reallocating ₹19.07 Crore of preferential issue proceeds to working capital.
Refex Industries submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. The report includes ESG disclosures and limited assurance from SGS India.
Refex Industries convened its 24th AGM for July 31, 2026. Key agenda items include a ₹1 per share dividend declaration and reallocation of preferential issue proceeds.
Refex Industries bagged a ₹20.94 Cr order for ash transport to government road projects. The 12-month contract is from a Maharashtra-based entity.
Refex Holding Pvt Ltd pledged shares amounting to a Rs 40 crore loan. The pledge is recorded on July 6 2026 for Refex Industries Ltd.
Refex Industries' promoter, Refex Holding Pvt Ltd, released a pledge on 1.36 million shares. The release fulfills security margin terms, reducing encumbered shares to 22.07% of capital.
Refex Industries convened an NCLT-ordered shareholder meeting for August 5, 2026. Members will vote on a Composite Scheme of Amalgamation and Arrangement.
Refex Industries Ltd. is convening a shareholder meeting to approve a court-ordered amalgamation scheme. The meeting is scheduled for August 5, 2026, via video conferencing.
Refex Holding Private Ltd bought 10 lakh (0.73%) shares of Refex Industries, raising its stake to 56.57%. The acquisition is disclosed under SEBI Regulation 29(2).
Refex Industries' board approved the FY25-26 Annual Report and scheduled the AGM for July 31, 2026. It also reallocated ₹19.06 crore of unused preferential issue proceeds.
Refex Industries bagged a ₹21.5 Crore order from a Maharatna CPSE. The contract involves ash transportation over 12 months.
Refex Industries secured a Rs.21.16 Crore ash transportation contract from NTPC Limited. The project will be executed over a 12-month period.
NCLT has ordered meetings for shareholders and creditors to consider the amalgamation scheme. Meetings are scheduled for August 05, 2026.
Refex Industries invested ₹2.99 Crore in its subsidiary, Venwind Refex Power Limited, via a rights issue. The capital infusion supports operational expansion in the wind power sector.
Refex Industries announced that the GST Appellate Authority quashed a ₹0.35 Crore tax demand for FY 2021-22. This nullification removes a prior contingent financial liability.
Refex Industries reported Q4 FY26 standalone revenue of ₹701cr (up 18% YoY) and PAT of ₹94cr (up 67%). Strategy focuses on scaling Ash & Coal handling and Wind Energy while exiting legacy trading.
Refex Industries Limited announced the release of 13,60,417 pledged shares by promoter Refex Holding Private Limited. This reduces the total encumbered promoter stake to 22.07%.
Refex Industries submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The auditor reported nil non-compliance deviations for the period.