Refex Industries Limited (REFEX) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
Refex Industries filed NCLT application for composite scheme of amalgamation and arrangement on March 26, 2026.
🔮 What's Next
NCLT approval pending; scheme subject to regulatory and shareholder approvals under Companies Act, 2013 Sections 230-232.
💡 Investor Takeaway
Shareholders should await NCLT order and company's subsequent disclosure on scheme terms, swap ratio, and shareholder voting, as final impact depends on regulatory approval and scheme conditions.

Refex Industries Limited filed a Company Application with the National Company Law Tribunal (NCLT), Chennai Bench on March 26, 2026, seeking approval for a Composite Scheme of Amalgamation and Arrangement. The scheme involves amalgamation between Refex Green Mobility Limited (transferor), Refex Industries Limited (transferee), and Refex Mobility Limited (resulting company). The filing follows earlier intimations from September 2025 and March 17, 2026, and is disclosed under SEBI Listing Regulations.

📄 View Original Announcement (PDF)

About Refex Industries Limited (REFEX)

Chemicals · Chemicals & Petrochemicals · Listed on NSE

Market Cap: ₹3,811.4 Cr P/E: 22.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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