StockWatch
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Industrial Gases
Shareholding18 Aug 2026, 03:05 pm

Refex Industries: Promoter Pledges 20.9 Lakh Shares for Loans

AI Summary

Refex Industries Ltd has disclosed the creation of a pledge over 20,90,000 equity shares, representing 2.69% of the total share capital, by its promoter, Refex Holding Private Limited (RHPL). This pledge was created on August 10, 2026, as collateral for loans taken by the company. The shares are pledged in favor of Northern Arc Capital Limited. This action follows the release of 24,07,917 previously pledged shares. The total promoter holding in Refex Industries is 7,76,23,085 shares (56.57%), with 3,34,58,612 shares (24.38%) now encumbered.

Key Highlights

  • Promoter Refex Holding Private Limited pledged 20.9 lakh shares.
  • Pledge created as collateral for company loans.
  • Shares are in favor of Northern Arc Capital Limited.
  • Total promoter holding remains 56.57%.
  • Encumbered shares decreased due to prior release.