Refex Industries promoter Refex Holding pledges 35 lakh shares for margin trading

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

-1.7%Reaction day

₹352.70

prior close

₹351.75

announcement price

In-mkt

timing

Nifty Microcap 250market-0.7%-1.0% vs market

Waste Management peers, median of 6sector-1.3%-0.4% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.4 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

-0.5

10m

-0.6

15m

-0.8

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7-0.7-1.0-1.3-0.4

Next day

-4.2-2.7-1.5-2.7-1.5

-0.5-0.8+0.4-1.3+0.8

-2.2+0.5-2.7+2.9-5.1

-3.9+0.7-4.6+0.0-3.9

-5.1-0.3-4.7-2.8-2.3

-10.0-0.2-9.8-1.6-8.4

15d

-7.1-1.7-5.4-6.3-0.8

-17.2+2.7-19.9-6.5-10.7

-21.2+4.8-26.0-10.4-10.8

-24.9+3.2-28.1-17.9-7.0

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter Refex Holding Pvt Ltd has created a fresh pledge of 35 lakh shares (2.55% of total capital) with Axis Securities Ltd as margin pledge for trading funding on the stock exchange. Post this, total encumbered promoter shares stand at about 3.38 crore (24.61% of total share capital and 43.51% of promoter holding). Promoter Refex Holding holds 56.57% in Refex Industries. This is the 14th encumbrance on promoter shares, all for personal use by promoters.

Likely market impact

Fresh promoter pledging for personal margin trading is mildly negative, but encumbrance stays below 50% of promoter holding so risk remains contained.