Disclosure under Regulation 30 of SEBI (LODR) Regulations 2015 - We hereby inform that the Search Operations initiated by the Income-Tax Department have been concluded on December 13 , 2025. No adverse remarks have been issued by the IT Department. The Media posts were merely speculative and rumors.
REFEX · price
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Awaiting price reaction for this filing.
Refex Industries has informed the stock exchanges that the search operations initiated by the Income-Tax Department at the company have been concluded on December 13, 2025. Importantly, no adverse remarks have been issued by the IT Department. The company has also clarified that media reports and social media posts circulating about the matter were merely speculative and based on rumors. This disclosure was made under SEBI's Listing Obligations and Disclosure Requirements Regulations.
Positive for shareholders — the tax search has ended without any adverse findings, removing the uncertainty and overhang created by earlier speculative media reports. The stock may see relief buying as the worst-case fear of tax evasion charges has been ruled out.