Refex Holding creates and releases pledges on RIL 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 4.3 pts more than Nifty Microcap 250 and 4.6 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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Promoter Refex Holding (holds 56.56% in Refex Industries) disclosed new pledge creation of 15,45,000 shares (about 1.12%) on 09.10.2026 to Infosoft Global, Krchoksey Financial, and S Jogani Exports. Also released pledge of 15,62,500 shares (1.14%) on 12.10.2026 from Shringee Packaging. Post-event pledged shares stand at 3.67 crore (26.80% of capital). Encumbrance is 47.36% of promoter holding, just below 50% threshold. Reasons stated as personal use by promoters and PACs.
Net pledge position roughly unchanged. Active churn in promoter encumbrance; watch for further pledging as it sits close to 50% of promoter holding.