The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on January ....
REFEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 5.5 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Refex Industries Ltd has filed a disclosure with BSE regarding the reasons for encumbrance on shares held by its promoter, under Regulation 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. Encumbrance typically refers to a pledge or lien created by the promoter on their shareholding, often to secure a loan. The full text of the disclosure was truncated, so the specific extent of the encumbrance (number of shares pledged, percentage of promoter holding, or any invocation/release) is not clearly visible from the headline alone. Investors should refer to the detailed filing on BSE to understand the nature, magnitude, and reason behind this encumbrance.
Pledge-related disclosures are closely watched by retail investors as high pledging levels can indicate financial stress at the promoter level. Watch for the pledged percentage and any invocation, which could pressure the stock in the short term.