The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Refex Holding Pvt Ltd
REFEX · price
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Refex Holding Private Limited, a promoter entity of Refex Industries Ltd, purchased 1,00,000 equity shares (0.07% of paid-up capital) from the open market on March 5, 2026. This takes the promoter entity's holding from 55.78% to 55.85% of paid-up share capital (51.46% to 51.52% on a diluted basis). The total promoter group holding stands at 55.85% (paid-up) / 56.86% (diluted). The acquisition was disclosed under Regulation 29(2) of SEBI Takeover Regulations. Encumbered (pledged) shares held by the acquirer remain at 79,45,000.
This is a small open-market purchase by the promoter, signalling continued promoter confidence in the company. The marginal increase in promoter stake is unlikely to materially move the stock price, but reinforces promoter commitment to the business.