Promoter Refex Holding creates fresh pledge of 4.13 lakh shares
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 in line with Nifty Microcap 250 and 0.8 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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Promoter Refex Holding Pvt Ltd has created a new pledge of 4,13,002 shares (0.30% of capital) on 29 Sept 2026 with Beacon Trusteeship Ltd for personal use by promoters. After this, total encumbered promoter shares stand at 3,67,81,772 (26.80% of total capital), which is 47.39% of promoter holding. The disclosure confirms encumbrance is below 50% of promoter shareholding but above 20% of total share capital.
Fresh pledge takes encumbered shares to about 27% of capital, still below 50% of promoter stake. Monitor as promoter personal borrowing continues.