Refex Industries Limited has issued a clarification regarding recent speculative media reports concerning search operations conducted by the Income-Tax Department between December 09, 2025, and December 13, 2025. Following an RTI application, the Income Tax Department has officially confirmed that ‘No’ press releases or official statements were issued regarding the outcome of the said operations. Refex assures stakeholders of its commitment to compliance and ethical conduct.
Clarification on Income Tax Search Operations
In continuation of prior disclosures dated December 12, 2025, and December 14, 2025, Refex Industries Limited addressed media reports alleging an official press release concerning the recent search and seizure operations conducted at the Refex group of companies/entities.
RTI Application Confirms Absence of Official Communication
The company filed an application under the Right to Information (RTI) Act, 2005, dated January 14, 2026, seeking confirmation from the Income Tax Department regarding the issuance of any official statements or press communications pertaining to the operations, which spanned the period from December 09, 2025, to December 13, 2025.
The official response, received on February 18, 2026, via an Order dated February 10, 2026, confirms that the Income Tax Department issued ‘No’ press release(s), official statement(s), press communication(s) or public communications(s) in connection with the outcome of the search and seizure operations.
Company Stance and Compliance Assurance
Refex Industries Limited reaffirms that it is a law-abiding company and assures all stakeholders that it strictly adheres to the highest standards of ethical conduct and legal compliance. The company commits to keeping the Stock Exchanges informed of any future material developments as required under applicable regulations.
Source: BSE
