Refex Industries Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
REFEX · price
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Refex Industries Limited has increased its authorized share capital from Rs. 40 crore to Rs. 100 crore, as approved by shareholders at the 23rd Annual General Meeting on July 18, 2025. The increase is achieved by creating an additional 30 crore equity shares of Rs. 2 each, bringing the total authorized equity shares to 47.5 crore. The existing 5 lakh cumulative redeemable preference shares of Rs. 100 each remain unchanged. The company has stated this increase is to support future expansion plans, growth requirements, and to facilitate any future fundraising through further issuance of equity shares.
This is a preparatory step and does not cause immediate dilution, but it gives the company room to raise fresh equity capital in the future. Shareholders should be alert to potential equity raises or preferential allotments that could dilute their holdings if the company decides to use this expanded capacity.