ALFA Filings
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Refex Industries held NCLT-convened meetings for shareholders and creditors to approve a Composite Scheme of Amalgamation and Arrangement. The proceedings of these meetings are summarized.
Refex Industries Ltd. is convening a shareholder meeting to approve a court-ordered amalgamation scheme. The meeting is scheduled for August 5, 2026, via video conferencing.
Refex Industries invested ₹2.99 Crore in its subsidiary, Venwind Refex Power Limited, via a rights issue. The capital infusion supports operational expansion in the wind power sector.
Refex Industries Limited has invested ₹4.85 Crore in its existing subsidiary, Venwind Refex Power Limited, through the acquisition of additional shares. The investment aims to meet the subsidiary's funding requirements in the wind power and energy sector.
Refex Industries Limited increased its stake in subsidiary Venwind Refex Power Limited to 77.77% by converting a ₹4.85 Crore loan into equity shares. Additionally, the subsidiary redeemed OCDs worth ₹3 Crore held by the company. The transaction aims to optimize the subsidiary's debt-equity ratio and strengthen its capital structure.