Promoter Refex Holding creates fresh pledge of 10 lakh shares

Ownership Changes View source PDF Explain this filing

REFEX · price

Loading chart…

▲ 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

₹290.40

prior close

₹287.45

announcement price

In-mkt

timing

Nifty Microcap 250market+1.3%-2.8% vs market

Waste Management peers, median of 7sector+1.5%-3.0% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 3.0 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.0

15m

+0.2

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+1.3-2.8+1.5-3.0

Next day

-2.5-0.2-2.3-0.8-1.7

-2.1+0.1-2.2+0.6-2.7

-5.3-1.5-3.8+0.6-5.9

-6.2-0.5-5.7-0.3-5.9

-8.4-0.8-7.6-0.0-8.4

-6.7-2.0-4.7+1.4-8.1

15d

-10.5-3.4-7.1-2.1-8.3

-21.2-9.9-11.3-8.8-12.4

—————

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 7Pending

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

AI summary

Promoter Refex Holding (holds 56.56% in Refex Industries) created fresh pledges over 10 lakh equity shares on Sept 21 and 22, 2026. 5 lakh shares each pledged with Frazer Goods and Supply Pvt Ltd and Infosoft Global Pvt Ltd, citing personal use by promoters. Post-event, total pledged shares stand at 3.67 crore, equal to 26.75% of paid-up capital and 47.28% of promoter holding, which is below the 50% promoter threshold but above the 20% of capital threshold.

Likely market impact

Fresh promoter pledge raises total encumbrance to 26.75% of capital. Still 47.28% of promoter holding, below 50% threshold. Watch for any invocation risk.