Refex Holding Private Limited, the promoter of Refex Industries Limited, has disclosed the creation of a new pledge over 20,90,000 equity shares. This action was taken on August 10, 2026, serving as collateral for loans obtained by the company. The total encumbered shares for Refex Holding now stand at 3,34,58,612, representing 24.38% of the total share capital, with the newly pledged shares comprising 1.52% of the total capital.
Promoter Encumbers Refex Industries Shares
Refex Holding Private Limited, the promoter of Refex Industries Limited, has reported the creation of a new pledge on a significant portion of its equity holdings. The disclosure, made in accordance with SEBI regulations, details the encumbrance of 20,90,000 equity shares of Refex Industries Limited.
Details of the New Pledge
The pledge was created on August 10, 2026. The primary reason for this encumbrance is to provide collateral for loans taken by the company. These newly pledged shares represent 2.69% of the share capital of Refex Industries and are in favour of Northern Arc Capital Limited.
Impact on Promoter Holdings
As a result of this new pledge, the total number of encumbered shares held by Refex Holding Private Limited now stands at 3,34,58,612, which constitutes 24.38% of the total share capital. It is noted that while 24,07,917 equity shares were released from pledge since the previous disclosure, the creation of this new pledge has led to a net decrease in the aggregate number of encumbered shares compared to the prior period.
Previous Disclosures
The document also refers to existing encumbrances with details of transactions dating back to March 2024. These include multiple pledge agreements with various entities such as Vivriti Capital Limited, Touchstone Trust Scheme VI, Bhansali Fincom Private Limited, Shringee Packaging and Ancilliary Private Limited, Ellenbarrie Industrial Gases Limited, and Axis Securities Limited, among others, for various loan purposes.
Source: BSE
