StockWatch
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Industrial Gases
Shareholding30 Oct 2026, 12:05 pm

Refex Industries: Promoter Pledges 29.06% Shares

AI Summary

Refex Industries Ltd announced that its promoter, Refex Holding Private Limited, has pledged 3,98,76,710 equity shares, representing 29.06% of the total share capital. This encumbrance is for personal use by promoters and PACs. The total promoter holding in the company is 7,76,23,085 shares, accounting for 56.56% of the total share capital. Following this pledge, 51.37% of the promoter's holding is now encumbered. The pledge was created on October 26, 2026, with Minecs Finvest Private Limited being one of the entities in whose favor the shares were encumbered.

Key Highlights

  • Promoter Refex Holding Private Limited pledged 29.06% of total share capital.
  • Total promoter holding stands at 56.56% of the company's shares.
  • Encumbrance is for personal use by promoters and PACs.
  • Over 51% of promoter holding is now encumbered.
  • Pledge created on October 26, 2026.