Recommendation of final dividend @ 50%, i.e., ?1/- per equity share of face value of ?2/- each.
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 3.5 pts more than Nifty Microcap 250 and 4.2 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.
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Refex Industries Limited's Board of Directors met on May 26, 2026, and approved the audited standalone financial results for Q4 and full year ended March 31, 2026. Standalone total income was Rs 2,06,922.45 lakhs with net profit of Rs 24,719.09 lakhs from continuing operations, up 35% year-over-year from Rs 18,355.52 lakhs. The Board recommended a final dividend of Rs 1 per equity share (50% on face value of Rs 2 each), subject to shareholder approval at the upcoming AGM. The company also disclosed discontinuing its Power Trading and Refrigerant Gases segments during the year to focus on core Ash & Coal Handling Business and new ventures like Wind Power.
The dividend recommendation signals management confidence in cash flows and profitability. The 35% rise in standalone net profit demonstrates strong operational performance, which could support a positive stock reaction pending shareholder approval of the dividend.