Refex Industries has pledged equity shares with Catalyst Trusteeship Limited, acting as Debenture Trustee for Debenture Holders. The pledged shares increased from 1,29,28,061 to 1,74,47,917, representing an increase in the total share/voting capital from 9.43% to 12.73%. This transaction was completed on January 16, 2026.
Details of Equity Pledge
Refex Industries Limited has pledged additional equity shares with Catalyst Trusteeship Limited. Catalyst Trusteeship is acting as the Debenture Trustee on behalf of the Debenture Holders.
Change in Shareholding
Before this acquisition, the number of shares encumbered was 1,29,28,061, which accounted for 9.43% of the total share/voting capital. After the acquisition on January 16, 2026, the number of shares encumbered increased to 1,74,47,917, representing 12.73% of the total share/voting capital.
Impact on Share Capital
The equity share capital/total voting capital of Refex Industries before the said acquisition/sale was INR 27,42,59,064 divided into 13,71,29,532 equity shares of INR 2 each. The total diluted share/voting capital of the TC after the said acquisition/sale is INR 30,11,59,136 divided into 15,05,79,568 equity shares of INR 2 each, including the outstanding ESOP Grants.
Source: BSE
