Shareholding16 Sept 2026, 07:30 pm
Refex Industries Promoter Pledges 3.57 Cr Shares
AI Summary
Refex Industries Ltd has disclosed the creation of a pledge over 3,57,02,103 equity shares, representing 26.02% of the total share capital, by its promoter, Refex Holding Private Limited (RHPL). The pledge was created on September 11, 2026, for collateral against loans taken by the company (RHPL) and for personal use by promoters. This action increases the total encumbered shares held by the promoter to 45.99% of their total holding. The disclosure was made on September 16, 2026, in compliance with SEBI (SAST) Regulations, 2011.
Key Highlights
- Promoter Refex Holding Private Limited pledged 3.57 crore shares.
- Pledge represents 26.02% of total share capital.
- Shares pledged as collateral for company and personal loans.
- Total promoter encumbrance now stands at 45.99% of their holding.
Price Impact
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