NCLT-ordered shareholder meeting on Aug 5 for Refex restructuring plan

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

REFEX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹358.00

prior close

₹358.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.2%-1.7% vs market

Waste Management peers, median of 6sector-2.1%+0.6% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 0.6 pts more than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

-0.8

15m

-1.0

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.2-1.7-2.1+0.6

Next day

-3.1-0.5-2.6-4.0+0.9

-5.6-2.5-3.1-5.1-0.4

-2.0-0.6-1.3-2.3+0.4

-3.6+0.7-4.3+1.3-4.9

-5.3+0.9-6.2-2.3-3.0

-10.3+0.5-10.7-4.0-6.3

15d

-7.5-0.2-7.3-7.7+0.2

-16.7+2.9-19.6-8.4-8.3

-22.4+5.0-27.3-16.0-6.4

-25.9+3.7-29.6-16.4-9.5

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Refex Industries shareholders will vote on August 5, 2026 on a restructuring plan ordered by NCLT Chennai. The plan merges wholly owned Refex Green Mobility into Refex Industries, then demerges the mobility business into newly formed Refex Mobility Limited. Cut-off for e-voting is July 31. Remote e-voting runs Aug 2 to 4. Approval needs three-fourths majority by value. BSE and NSE gave no-objection letters in March 2026.

Likely market impact

Shareholders vote on Aug 5 to decide if the mobility business is carved out into a separate wholly owned entity under the group