Refex Industries Promoter Refex Holding Acquires 1,00,000 Equity Shares Through Open Market Purchase

2 min read     Updated on 06 Mar 2026, 03:39 PM
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Reviewed by
Naman SScanX News Team
Overview

Refex Holding Private Limited, promoter of Refex Industries Limited, acquired 1,00,000 equity shares through open market purchase on March 05, 2026. The transaction increased the promoter's shareholding from 55.78% to 55.85% of the total share capital. The acquisition was disclosed under SEBI Regulation 29(2) governing substantial share acquisitions. Refex Industries' equity share capital remains at ₹27,43,98,782 divided into 13,71,99,391 equity shares of ₹2 each.

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*this image is generated using AI for illustrative purposes only.

Refex Industries Limited has disclosed the acquisition of 1,00,000 equity shares by its promoter entity Refex Holding Private Limited through an open market purchase. The transaction was completed on March 05, 2026, and disclosed in compliance with SEBI regulations governing substantial acquisitions.

Transaction Details

The acquisition represents a modest increase in the promoter's shareholding in the company. The following table summarizes the key transaction parameters:

Parameter: Details
Shares Acquired: 1,00,000 equity shares
Acquisition Method: Open Market Purchase
Transaction Date: March 05, 2026
Percentage of Total Capital: 0.07%
Regulatory Compliance: SEBI Regulation 29(2)

Shareholding Changes

The acquisition resulted in a marginal increase in Refex Holding Private Limited's stake in Refex Industries. The promoter's shareholding position before and after the transaction shows the following changes:

Shareholding Position: Before Acquisition After Acquisition Change
Number of Shares: 7,65,23,085 7,66,23,085 +1,00,000
Percentage Holding: 55.78% 55.85% +0.07%
Diluted Shareholding: 51.46% 51.52% +0.06%

Company Capital Structure

Refex Industries' equity share capital structure remained unchanged following the transaction. The company maintains its existing capital base with specific parameters:

Capital Structure: Details
Equity Share Capital: ₹27,43,98,782
Number of Equity Shares: 13,71,99,391 shares
Face Value per Share: ₹2
Diluted Share Capital: 29,63,38,782
Diluted Number of Shares: 14,81,69,391 shares

Promoter Group Holdings

The complete promoter group shareholding structure as of March 06, 2026, demonstrates the distribution of ownership among various promoter entities and individuals. Refex Holding Private Limited remains the primary promoter entity with the largest shareholding at 55.85% of the paid-up share capital. Other promoter group members including Mrs. Ugamdevi Jain, Mrs. Dimple Jain, and Mr. Yash Jain hold warrants that contribute to the diluted shareholding calculation.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was formally communicated to both BSE Limited and National Stock Exchange of India Limited, where Refex Industries shares are listed. The company secretary Ankit Poddar signed the disclosure documents on behalf of Refex Holding Private Limited on March 06, 2026.

Historical Stock Returns for Refex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.75%-3.50%-6.16%-39.90%-45.43%+1,139.44%

Refex Industries Allots 69,859 Equity Shares Under ESOP 2021 Scheme

1 min read     Updated on 27 Feb 2026, 10:16 PM
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Reviewed by
Ashish TScanX News Team
Overview

Refex Industries Limited allotted 69,859 equity shares under its ESOP 2021 scheme on February 27, 2026, increasing its paid-up share capital to ₹27,43,98,782. The company realized ₹25,42,826.40 from the exercise, with shares priced differently across tranches - ₹20.40 and ₹95.00 for time-based options and ₹14.60 for performance-based options. The total number of equity shares now stands at 13,71,99,391, with the newly allotted shares ranking pari-passu with existing equity shares.

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*this image is generated using AI for illustrative purposes only.

Refex Industries Limited has completed the allotment of 69,859 equity shares under its Employee Stock Option Scheme 2021, marking a significant milestone in the company's employee incentive program. The Nomination and Remuneration Committee approved this allotment on February 27, 2026, through a resolution passed by circulation.

Share Capital Enhancement

The allotment has resulted in a substantial increase in the company's equity base. The issued, subscribed and paid-up equity share capital has grown from ₹27,42,59,064 to ₹27,43,98,782, representing the addition of 69,859 new equity shares with a face value of ₹2 each.

Parameter Before Allotment After Allotment
Share Capital ₹27,42,59,064 ₹27,43,98,782
Number of Shares 13,71,29,532 13,71,99,391
Face Value per Share ₹2 ₹2

ESOP Exercise Details

The company realized ₹25,42,826.40 from the exercise of these stock options by eligible employees. The ESOP 2021 scheme encompasses a total of 1,00,00,000 equity shares at face value of ₹2 each, providing substantial scope for future employee participation.

ESOP Component Details
Options Exercised 69,859 shares
Money Realized ₹25,42,826.40
Total Scheme Coverage 1,00,00,000 shares
Exercise Period 10 years from vesting date

Pricing Structure

The exercise involved different pricing tiers based on option categories and tranches. Time-based Options (TBOs) were exercised at ₹20.40 per equity share for 54,871 shares under Tranche I & II, and ₹95.00 per equity share for 14,983 shares under Tranche III. Performance-based Options (PBOs) were exercised at ₹14.60 per equity share for 5 shares under Tranche III.

Regulatory Compliance

The allotment complies with Regulation 30 of the SEBI Listing Obligations & Disclosure Requirements Regulations, 2015, and follows the SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021. The newly allotted equity shares will rank pari-passu with existing equity shares of the company, ensuring equal rights for all shareholders.

Share Characteristics

The allotted shares carry distinctive numbers from 13,71,29,533 to 13,71,99,391 and have been issued in dematerialized form under ISIN INE056101025. These shares are identical in all respects to existing shares and will be listed on both BSE Limited and National Stock Exchange of India Limited where the company's shares are currently traded.

Historical Stock Returns for Refex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.75%-3.50%-6.16%-39.90%-45.43%+1,139.44%

More News on Refex Industries

1 Year Returns:-45.43%