Refex Industries promoter creates and releases share pledges

Pledge releasedOwnership 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

+5.0%Reaction day

₹251.50

prior close

₹255.30

announcement price

In-mkt

timing

Nifty Microcap 250market+0.7%+4.3% vs market

Waste Management peers, median of 7sector+0.3%+4.6% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

+0.2

15m

+0.3

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0+0.7+4.3+0.3+4.6

Next day

+3.4-1.0+4.4+0.6+2.8

+2.0-0.3+2.2+1.0+1.0

+0.2-1.9+2.1+0.9-0.7

-4.6-4.5-0.1-5.8+1.2

-6.8-5.5-1.4-5.7-1.2

-10.3-7.3-3.1-3.6-6.7

15d

-8.2-2.7-5.6-1.2-7.1

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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

Refex Industries promoter Refex Holding Pvt Ltd (56.56% stake) disclosed new pledges on 15.45 lakh shares (1.12% of capital) and release of 15.62 lakh shares (1.14%) under SEBI SAST rules. After the event, 3.67 crore shares (26.80%) remain pledged, at 47.36% of promoter holding, below the 50% threshold. Pledges are for personal use by promoters and PACs.

Likely market impact

Net pledge position largely unchanged. Promoter holding intact at 56.56%. No material concern for shareholders.