Refex Industries promoter pledges 20.9 lakh shares with Northern Arc Capital

Ownership 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

-1.6%Reaction day

₹295.00

prior close

₹294.50

announcement price

In-mkt

timing

Nifty Microcap 250market+0.4%-2.0% vs market

Waste Management peers, median of 7sector-0.9%-0.7% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

-0.3

15m

-0.3

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.4-2.0-0.9-0.7

Next day

-3.1+1.7-4.8+1.4-4.4

-4.0+0.2-4.2-1.4-2.7

-3.6+0.5-4.1-0.5-3.1

-6.8-1.1-5.7-0.3-6.5

-7.7-0.1-7.6-1.2-6.5

-8.2-1.6-6.6-4.0-4.2

15d

-10.5-1.4-9.1-2.8-7.7

-20.6-7.4-13.2-6.2-14.3

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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

Promoter Refex Holding Pvt Ltd created a new pledge of 20,90,000 shares (1.52% of total capital) of Refex Industries on August 10, 2026, in favor of Northern Arc Capital as collateral for company loans. RHPL holds 56.57% of Refex. Post-event, total pledged shares stand at 3,34,58,612 (24.38% of capital, 43.10% of promoter holding). Revised disclosure filed.

Likely market impact

Total encumbered promoter shares rise to 24.38% of capital. Below 50% pledge threshold but rising encumbrance warrants monitoring.