Refex Industries' Board Meeting Approves ₹3,300 Crore Investments and ₹2,010 Crore Related Party Transactions

Refex Industries Ltd held a Board Meeting on March 26, 2026, where they approved several key decisions. The Board agreed to invest an amount not exceeding ₹3,300 Crore, an increase from the existing ₹2,500 Crore, in excess of limits specified under Section 186 of the Companies Act, 2013. They also approved Material Related Party Transaction(s) for an amount not exceeding ₹2,010 Crore with Venwind Refex Power Limited, a subsidiary company. The appointment of Ms. Mehak Gupta as the Scrutinizer to scrutinize the remote e-voting process was also approved. The Risk Management Committee was reconstituted, with Mr. Dinesh Kumar Agarwal as the Chairperson. The decisions will be sent to shareholders for approval via postal ballot.