Refex Industries Limited

Refex Industries Ltd has announced the closure of its trading window for designated persons and insiders. This closure is effective from October 01, 2026, and will remain in effect until 48 hours after the declaration of the company's standalone and consolidated un-audited financial results for the second quarter of FY 2026-27, ending September 30, 2026. The purpose of this closure is to facilitate the consideration of these financial results by the Board of Directors. The specific date for the Board meeting to approve these results will be communicated separately.

Refex Industries Limited has officially launched its Ready-Mix Concrete (RMC) business, a strategic move to integrate forward within its existing Coal and Ash Handling operations. This expansion aims to deepen the company's involvement in the infrastructure and construction sectors. The RMC business will operate on an asset-light, lease-based model to ensure rapid market entry and scalability. The first RMC plant has commenced commercial operations in Wadmukhwadi, Pune, Maharashtra, effective September 25, 2026. Mr. Anil Kulkarni will lead this new venture as Chief Business Officer.

Refex Industries Ltd has filed disclosures regarding the creation and release of pledge on equity shares held by its promoter, Refex Holding Private Limited (RHPL). The filing, made under SEBI (SAST) Regulations, 2011, details the movement of pledged shares. Specifically, 3,67,02,103 shares were initially pledged on September 23, 2026, for personal use by promoters, representing 26.75% of total share capital. Subsequently, 8,33,333 shares were released on the same date upon closure of a facility, with 3,63,68,770 shares remaining pledged, representing 26.50% of the total share capital as of September 24, 2026. The total promoter holding remains 56.56%.

Refex Holding Private Limited, a promoter of Refex Industries Limited, has disclosed the creation and subsequent release of pledge over its equity shares. On September 23, 2026, 500,000 shares were pledged to Minecs Finvest Private Limited for personal use by promoters. Subsequently, on September 23, 2026, 833,333 shares were released from pledge upon closure of a facility, with Ellenbarrie Industrial Gases Limited being the beneficiary. As of September 24, 2026, the total promoter holding is 77,623,085 shares (56.56%), with 36,368,770 shares (26.50%) encumbered.

Refex Industries Ltd announced that its promoter, Refex Holding Private Limited (RHPL), has created a pledge over 3,67,02,103 equity shares, representing 26.75% of the total share capital. This pledge was created on September 21, 2026, and September 22, 2026, for personal use by the promoters. The total promoter holding in Refex Industries is 7,76,23,085 shares, constituting 56.56% of the total share capital. Following this, 3,67,02,103 shares (26.02% of total capital) are now encumbered. The filing is made under SEBI (SAST) Regulations, 2011.

Refex Holding Private Limited, a promoter of Refex Industries Limited, has disclosed the creation of a pledge over 3,67,02,103 equity shares, representing 26.75% of the total share capital. This pledge was created on September 21, 2026, and another on September 22, 2026, for personal use by promoters and PACs. The total promoter holding in Refex Industries is 7,76,23,085 shares (56.56%), of which 3,67,02,103 shares (26.75% of total capital and 47.28% of promoter holding) are now encumbered. The disclosure was made on September 23, 2026, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Refex Holding Pvt Ltd, a promoter of Refex Industries Ltd, has disclosed the release of pledge over equity shares. This action, reported under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, signifies a reduction in encumbrance on promoter holdings. The disclosure details the specific dates and entities involved in the release of these pledged shares, indicating a positive development in the promoter's financial arrangements.

Refex Industries Ltd has filed a revised disclosure regarding the pledge of shares by its promoter, Refex Holding Pvt Ltd, under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure pertains to the creation of a pledge on 3,13,68,612 equity shares, representing 22.86% of the total share capital, on August 10, 2026. These shares were pledged as collateral for loans taken by the company. The total promoter holding is 7,76,23,085 shares (56.57%), with 3,34,58,612 shares (24.38% of total capital) now encumbered.

Refex Industries Ltd has issued a clarification regarding a previously announced contract for lifting Pond Ash and Fly Ash. The company corrected a typographical error in its September 19, 2026 filing, specifying the contract quantity as 10 Lakh Metric Tons, not 10 Metric Tonnes. The contract is with a domestic Public Sector Undertaking in Madhya Pradesh, valued at approximately INR 160 crores, and is for lifting materials under RCR (Road-cum-Rail) Mode over 18 months, extendable with mutual consent. There are no changes to the contract's value, scope, or other terms.

Refex Industries Limited has secured a significant contract valued at ₹160 crores. The agreement involves the lifting of 10 million metric tons (MT) of Pond Ash and Fly Ash using a Road-cum-Rail (RCR) mode. A Public Sector Undertaking in Madhya Pradesh awarded this domestic contract. The execution period for the contract is 18 months, with a provision for extension through mutual consent. This new order is expected to contribute positively to the company's business operations and revenue.