Refex Holding releases pledge on 24 lakh shares of Refex Industries
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 2.0 pts less than Nifty Microcap 250 and 0.7 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 released pledge on 24,07,917 shares (1.75% of total share capital) of Refex Industries between August 3 and August 7, 2026. Encumbered shares fell from 3.37 crore (24.61%) to 3.13 crore (22.86%). Reason cited is release of security upon closure of facility across six lenders. Total promoter holding stays at 7.76 crore shares or 56.57%.
Positive signal. Pledge burden on promoter eases, lowering risk of forced share sale and improving investor confidence.