Promoter RHPL creates new pledge on Refex Industries shares

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

+3.4%Reaction day

₹261.50

prior close

₹259.40

announcement price

After-mkt

timing

Nifty Microcap 250market+0.8%+2.6% vs market

Waste Management peers, median of 7sector-1.0%+4.5% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 4.5 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

+2.1

10m

+2.0

15m

+2.4

30m

+2.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4+0.8+2.6-1.0+4.5

Next day

+4.0+2.5+1.5+1.0+3.0

+12.8+2.3+10.5+0.9+12.0

+11.1+2.8+8.3+1.1+9.9

+9.4+4.1+5.3+3.3+6.0

+8.3+2.5+5.7+4.3+4.0

+5.2+1.2+4.0+4.7+0.4

15d

-2.9-0.8-2.1-1.5-1.4

-3.6-1.7-1.9-3.1-0.5

—————

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 Pvt Ltd (holding 56.56% of Refex Industries) created new pledges on 17,68,491 shares (about 1.29% of share capital) between Sept 11 and Sept 16, 2026. Pledges were made to Northern Arc Capital (collateral for company loans), Shivangini Properties, and Hind Filters (personal use by promoters). Total encumbered shares now stand at 3,57,02,103 (26.02% of total share capital, 45.99% of promoter holding), still below the 50% promoter threshold.

Likely market impact

Marginal increase in pledged shares; total encumbrance remains under 50% of promoter holding, so no major concern for shareholders.