Refex Industries Limited (REFEX) — Board Meeting

📢 Key Event
NCLT Chennai Bench approved Refex's composite amalgamation scheme with scheduled creditor and shareholder meetings on August 5, 2026.

🔄 What Changed
The scheme received formal NCLT approval, setting specific meeting dates for creditors and shareholders across three entities to progress the merger.

🔮 What's Next
The scheme remains subject to applicable regulatory and other approvals, with a certified copy of the order awaited.

💡 Investor Takeaway
Shareholders must attend the August 5 meetings to approve the merger, which could impact stock price through restructuring outcomes.

Refex Industries announced that the NCLT Chennai Bench approved its composite amalgamation scheme involving three entities, directing separate creditor and shareholder meetings on August 5, 2026, to seek approvals, while dispensing with shareholder meetings for two entities, pending regulatory clearances and a certified order copy.

📄 View Original Announcement (PDF)

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