Refex Industries Limited (REFEX) — Announcement | 3 July 2026

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📢 Key Event
Creditors to vote on composite scheme merging green mobility unit with parent and demerging it as independent listed company

💡 Investor Takeaway
The restructuring could unlock value by separating the green mobility business and improving access to capital for its growth.

Refex Industries announced a scheme to merge its green mobility subsidiary with itself and demerge the business into a new listed entity, aiming to unlock value and attract dedicated investors. The proposal requires creditor and regulatory approvals, with a creditors' meeting set for August 5, 2026, to sanction the restructuring and unlock growth potential in sustainable transport.

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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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"How will the 1:1 share swap affect existing shareholders' ownership?" "What is the expected timeline for NCLT approval and independent listing of the new entity?" "How will employee transitions and operational integration be managed post-restructuring?"

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

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