Promoter Refex Holding pledges 4.75 lakh more shares; total pledge at 24.72% of capital

Ownership Changes 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

+1.1%Reaction day

₹279.00

prior close

₹281.20

announcement price

In-mkt

timing

Nifty Microcap 250market+0.7%+0.4% vs market

Waste Management peers, median of 8sector-0.1%+1.2% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.2 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

+0.2

10m

-0.1

15m

-0.3

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+0.7+0.4-0.1+1.2

Next day

-0.4+1.1-1.5-0.5+0.1

-1.4+1.6-3.0-1.6+0.2

-1.4+1.5-2.9+0.5-2.0

-2.9+1.3-4.2+0.6-3.5

-2.0+1.4-3.3-1.3-0.6

-6.3-2.1-4.2-4.2-2.1

15d

-1.4-0.9-0.5-0.3-1.1

-2.9-1.4-1.5-4.1+1.2

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UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 8Pending

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

AI summary

Promoter Refex Holding (56.56% stake) pledged 4,75,000 shares (0.35% of capital) on Sept 01, 2026 with KR Choksey Financial Services as collateral for promoter loans. Post-event, 3,39,33,612 promoter shares (24.72% of capital, 43.72% of promoter holding) are pledged. Filing lists 10 existing pledges with NBFCs like Vivriti Capital and Northern Arc; some back debentures of Refex Life Sciences. Most loans were for personal use.

Likely market impact

Total pledged promoter shares rise to 24.72% of capital, still below 50% of promoter holding. Modest new pledge; monitor for further encumbrance or invocation risk.