Refex (REFEX) — Corporate Action

Refex Industries announced it accepted a rights issue from its subsidiary Venwind Refex Power Limited, allotting 1,712 shares at a premium of ₹17,513 each, reducing its stake from 77.77% to 76.81% and later to 73.28% after debenture conversions. The [amount not verified] rights issue aims to boost VRPL's capital for growth, with no regulatory approvals required.

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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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