Announced Tue, 7 Jul · 10:35 IST
Refex Industries promoter Refex Holding pledges 35 lakh shares for margin trading
Ownership Changes View source PDF
REFEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.2%1-day move
₹352.70
prior close
₹351.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.6-0.8-0.7-4.2-0.5-2.2-3.9-5.1-10.0————
Up moveDown movePending
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.