Refex Holding Private Limited acquires 10 lakh shares, increases stake to 56.57%

Refex Industries disclosed that its promoter, Refex Holding Private Limited, acquired 10,00,000 equity shares representing 0.73% of the total paid-up share capital through open market purchases. This acquisition increases the promoter's holding to 56.57%, signaling strong insider confidence in the company's operations and future outlook.

Transaction Details

The acquisition was executed on June 25, June 29, and June 30, 2026. The disclosure was submitted to the exchanges in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter	Details
Acquirer	Refex Holding Private Limited
Transaction Type	Open Market Purchase
Shares Acquired	10,00,000 (0.73%)
Date of Acquisition	June 25; June 29 & June 30, 2026
Post-acquisition Holding	7,76,23,085 shares (56.57%)

Shareholding Pattern

Following the transaction, the total equity share capital of Refex Industries Limited stands at ₹27,44,38,896 divided into 13,72,19,448 equity shares of ₹2 each. The updated shareholding details of the promoters as on June 30, 2026, are outlined below:

Promoter Name	Shares Held	% of Paid-up Capital
Refex Holding Private Limited	7,76,23,085	56.57%
Refex Family Trust	0	0.00%
Mrs. Ugamdevi Jain	0	0.00%
Mrs. Dimple Jain	0	0.00%
Mr. Yash Jain	0	0.00%
Mr. Tarachand Jain	0	0.00%
Mr. Anil Jain	0	0.00%
Total	7,76,23,085	56.57%

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.34%	-2.47%	+16.33%	+34.89%	-21.94%	+1,122.69%

Refex Industries Limited has secured an order worth approximately ₹21.15 crore from a Maharatna Central Public Sector Enterprise (CPSE) for the transportation of ash to road projects managed by the National Highways Authority of India (NHAI) and other government authorities. The domestic contract is expected to be executed over a period of 12 months, providing the company with a defined timeline for service delivery.

The order entails the supply and services related to the transportation of ash to construction sites of road projects of NHAI, other Central or State Government Road construction departments, Authorities, and PMGSY Road Projects. This engagement marks a significant addition to the company's order book, reinforcing its presence in the logistics and transportation sector for industrial by-products.

Order Details

The disclosure regarding the order was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not fall within related party transactions and that the promoter, promoter group, or group companies hold no interest in the awarding entity. The following table summarises the key details of the contract:

Particulars	Details
Entity Awarding the Order:	Major Power Producer (A Maharatna CPSE)
Nature of Order:	Transportation of ash to construction sites of road projects of NHAI and other Central or State Government Road construction departments / Authorities / PMGSY Road Projects
Time Period for Execution:	12 Months
Order Size:	~ ₹21.15 Crore
Domestic/International:	Domestic

The broad consideration for the contract is around ₹21.15 crore. This order is part of Refex Industries' ongoing efforts to expand its operational footprint in the infrastructure support services domain.