Subsidiary Venwind Refex Power bags 148 MW wind turbine supply order

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REFEX · price

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Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹275.50

prior close

₹280.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.3%-0.9% vs market

Waste Management peers, median of 5sector-1.4%+1.7% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 1.7 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

-1.6

10m

-1.2

15m

-0.7

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+1.3-0.9-1.4+1.7

Next day

+0.3+2.6-2.3-0.5+0.8

-1.3+2.7-4.0-0.5-0.8

-2.7+2.1-4.9-0.4-2.3

-4.9+1.6-6.5-2.5-2.4

-7.2+0.8-8.0-4.9-2.3

-6.7+2.2-8.9-2.9-3.8

15d

-13.5-1.6-11.9-10.8-2.7

-8.6-3.0-5.5-14.9+6.3

-12.2-1.6-10.6-22.4+10.2

-27.2-10.5-16.8-34.7+7.5

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 5Pending

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

AI summary

Refex Industries subsidiary Venwind Refex Power has signed a contract to supply 148 MW Wind Turbine Generators to a leading Independent Power Producer in India. The wind power projects will be set up in Tamil Nadu, with execution targeted by September 2026. Scope includes supply along with technical and supervisory assistance. No related party interest is involved.

Likely market impact

Positive order win for subsidiary strengthens Refex renewable energy presence; financial value not disclosed.