NCLT meetings held for composite amalgamation and demerger scheme
REFEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.3 pts less than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NCLT-convened meetings of equity shareholders, secured creditors, and unsecured creditors of Refex Industries were held on August 5, 2026 to consider a Composite Scheme of Amalgamation and Arrangement involving Refex Green Mobility (transferor), Refex Industries (transferee and demerged), and Refex Mobility (resulting). Voting results will be filed separately within the prescribed timeline. Refex Mobility shares are proposed to be listed on BSE and NSE upon scheme effectiveness.
Restructuring moves forward; voting outcome awaited. A new listed entity Refex Mobility may emerge post-scheme.