News Corporate Actions Catalyst Trusteeship Limited Receives Pledge of 5,97,600 Refex Renewables SharesCatalyst Trusteeship Limited Receives Pledge of 5,97,600 Refex Renewables Shares
Catalyst Trusteeship Limited has received a pledge of 5,97,600 equity shares of Refex Renewables & Infrastructure Limited on January 27, 2026, increasing its total encumbered holdings to 10,05,600 shares representing 22.36% of the company's share capital. The shares were pledged by Refex Holding Private Limited as security for debenture arrangements, with Catalyst acting as Debenture Trustee for the benefit of debenture holders.
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Catalyst Trusteeship Limited has disclosed the receipt of a significant pledge of equity shares from Refex Renewables & Infrastructure Limited under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction, completed on January 27, 2026, involves the pledge of 5,97,600 equity shares in favor of Catalyst Trusteeship Limited in its capacity as Debenture Trustee.
Transaction Details
The pledge arrangement significantly increases Catalyst Trusteeship's encumbered holdings in Refex Renewables & Infrastructure Limited. The shares were pledged by Refex Holding Private Limited as security for debenture holders represented by Catalyst Trusteeship Limited.
| Parameter: | Details |
|---|---|
| Acquisition Date: | January 27, 2026 |
| Shares Pledged: | 5,97,600 equity shares |
| Pledging Entity: | Refex Holding Private Limited |
| Mode of Acquisition: | Pledge of equity shares |
| Face Value per Share: | ₹10 |
Holdings Analysis
The transaction details reveal a substantial change in Catalyst Trusteeship's encumbered position in the company:
| Holding Period: | Number of Shares | % of Total Share Capital | % of Diluted Capital |
|---|---|---|---|
| Before Acquisition: | 4,08,000 | 9.07% | 8.81% |
| Current Acquisition: | 5,97,600 | 13.29% | 12.91% |
| After Acquisition: | 10,05,600 | 22.36% | 21.72% |
Company Capital Structure
Refex Renewables & Infrastructure Limited's equity share capital remains unchanged following this pledge transaction. The company maintains its capital structure with no dilution of existing shareholdings.
| Capital Component: | Amount | Number of Shares |
|---|---|---|
| Current Equity Capital: | ₹4,49,79,350 | 44,97,935 shares |
| Total Diluted Capital: | ₹4,63,04,260 | 46,30,426 shares |
| Face Value: | ₹10 per share | - |
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Catalyst Trusteeship Limited, represented by Senior Vice President Deesha Srikkanth, filed the necessary documentation with BSE Limited where Refex Renewables & Infrastructure Limited shares are listed under scrip code REFEXRENEW/531260.
The pledge arrangement represents a standard security mechanism for debenture holders, with Catalyst Trusteeship Limited acting in its fiduciary capacity as Debenture Trustee. The company confirmed that the acquirer does not belong to the promoter or promoter group of Refex Renewables & Infrastructure Limited.
Historical Stock Returns for Refex Renewables Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.88% | -3.98% | -15.01% | -66.34% | -62.50% | +229.36% |
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