REFEXBSERefex Industries LtdMediumPositive
Announced Sat, 2 May · 12:17 IST

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 - Allotment of 20057 equity shares of Rs.2 each in lieu of exercise of 20057 Employee ....

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REFEX · price

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Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹263.00
prior close
₹265.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.9-0.4-1.4-3.0-2.7+0.8-0.3-3.1-2.7+7.6+20.6+34.1
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AI summary

Refex Industries has allotted 20,057 equity shares of ₹2 each to employees who exercised their vested stock options under the company's ESOP 2021 scheme. The allotment, approved by the Nomination and Remuneration Committee on May 1, 2026, raised ₹4,67,201.60 from the exercise. Exercise prices varied between ₹20.40 per share (for 19,279 shares) and ₹95 per share (for 778 shares). As a result, the company's paid-up capital increased from ₹27,43,98,782 to ₹27,44,38,896, and total equity shares rose from 13,71,99,391 to 13,72,19,448. The newly allotted shares rank pari-passu with existing equity shares.

Likely market impact

This is a routine ESOP exercise with minimal dilution of approximately 0.015%. The impact on existing shareholders and stock price is negligible. The exercise demonstrates employee confidence in the company's prospects through participation in the ESOP scheme.