Announced Mon, 6 Jul · 12:52 IST
NCLT-directed court meetings for RIL and RGML merger on Aug 5, 2026
Compliance View source PDF
REFEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹358.00
prior close
₹353.60
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.1+0.1—-3.1-5.6-2.0-3.6-5.3-10.3-7.5———
Up moveDown movePending
AI summary
Newspaper ads published regarding NCLT-directed court-convened meetings for the proposed scheme of arrangement between Refex Industries (transferor) and Refex Green Mobility (transferee). RIL equity shareholders meet on Aug 5 at 11 AM via video conferencing. Secured and unsecured creditors of both companies meet the same day in physical mode at Refex Towers, Chennai. Approvals are needed for the merger to move forward.
Likely market impact
Key step toward completing the Refex Industries-Refex Green Mobility merger. Meeting outcomes will decide if the scheme advances.