Refex Industries Limited has officially confirmed its status regarding its classification as a Large Corporate entity. Based on the financial metrics evaluated as of March 31, 2025, the company does not meet the specified criteria to be categorized as a Large Corporate. This disclosure ensures transparency regarding the company’s regulatory obligations and operational standing for the current financial year.
Financial Standing and Classification
Following a review of its financial position, Refex Industries Limited has determined that it does not fall under the ‘Large Corporate’ framework. This determination is based on the company’s financial records as of March 31, 2025. Consequently, the company is exempt from specific disclosure requirements that apply exclusively to entities categorized within the Large Corporate bracket.
Key Financial Data
For the financial year ended March 31, 2026, the company reported total outstanding borrowings of ₹26.09 Crores. Additionally, the company maintains a stable credit profile, currently rated by Acuite Ratings & Research Ltd, with a long-term rating of ACUITE A- (Stable) and a short-term rating of ACUITE A2+. This strong credit standing underscores the company’s disciplined financial management and liquidity position as it continues its operations in the current fiscal cycle.
Source: BSE
