Refex Renewables Infrastructure
286.15
+13.60(+4.99%)
Market Cap₹128.72 Cr
PE Ratio-3.31
IndustryConstruction
Company Performance:
1D+4.99%
1M-26.79%
6M-68.60%
1Y-66.54%
5Y+572.50%
View Company Insightsright
More news about Refex Renewables Infrastructure
10Nov 25
Refex Renewables Shareholders Reject Name Change in Postal Ballot Results
Refex Renewables Infrastructure Limited shareholders officially rejected the company's proposal to change its name to Ecosphere Sustainable Energy Limited through postal ballot results concluded on December 11, 2025. Despite receiving 58.67% votes in favor, the special resolution failed as it did not meet the regulatory requirement of three times more votes in favor than against. The company continues to face financial challenges with Q2 FY2026 net losses increasing 12.84% to ₹14.32 crores, while management pursues new business opportunities amid going concern issues.
05Nov 25
Refex Renewables Receives Major Shareholder's Request for Promoter Reclassification
Avyan Pashupathy Capital Advisors Private Limited, a promoter holding 30.95% stake in Refex Renewables Infrastructure Limited, has requested reclassification to public category. The request was received on November 3, 2025, and the company has informed BSE Limited about this development. Refex Renewables will follow SEBI LODR Regulations to review the request, which may involve board and shareholder approvals, potentially altering the company's shareholding structure.
14Oct 25
Refex Green Power to Divest 74% Stake in Flaunt Solar Energy for ₹74,000
Refex Green Power Limited (RGPL) has decided to sell its entire 74% equity stake in Flaunt Solar Energy Private Limited to Ms. Suma for ₹74,000 at face value. The divestment follows a valuation report showing negative fair value per share. Despite the equity sale, RGPL will maintain a significant financial interest through Optionally Convertible Debentures. Flaunt Solar contributes about 6% to RGPL's turnover. The transaction is expected to complete by October 15, 2025.
18Sept 25
Refex Renewables Diversifies into Fertilizer Business, Launches 'Biodhanic' Organic Manure
Refex Renewables Infrastructure is diversifying into fertilizer manufacturing and trading. Shareholders approved amendments to the company's Memorandum of Association, allowing production and distribution of various fertilizers, including chemical, organic, and bio-based products. The company plans to launch its organic manure products under the 'Biodhanic' brand for domestic and international markets. This expansion leverages byproducts from their existing Compressed Bio-Gas operations. Future plans include establishing R&D centers, incubation units, and soil testing labs. The company is awaiting regulatory approvals to commence operations in this new segment.
07Aug 25
Refex Renewables Reports Q1 Loss, Expands into Organic Fertilizer Business
Refex Renewables Infrastructure reported Q1 losses with a net loss of ₹751.00 lakhs. Total income was ₹1,863.00 lakhs. The company's net worth is fully eroded. Board approved expansion into organic fertilizer business under the brand 'Refex' with product name 'Biodhanic'. Commercial and Industrial segment contributed highest revenue but reported losses. Company made several key management appointments. 31st Annual General Meeting scheduled for September 18.
21May 25
Refex Renewables Withdraws Rights Issue, Sells Stake in Ishaan Solar Power
Refex Renewables has announced significant changes: withdrawing a 1.60 billion rupee rights issue, selling its entire stake in Ishaan Solar Power, and assigning the SunEdison trademark to Silres Energy Solutions. These actions indicate a strategic shift in the company's financial and operational approach within the renewable energy sector.
08Apr 25
Refex Green Power Secures ₹78.54 Crore Bio-CNG Plant Tender in Madurai
Refex Green Power, a subsidiary of Refex Renewables & Infrastructure Limited, has won a tender to establish a 250 tonnes per day Bio-CNG plant in Madurai, Tamil Nadu. The project, valued at ₹78.54 crore, will be executed under a PPP model on a DBFOT basis for 20 years. Part of the Swachh Bharat Mission Urban 2.0, the plant aims to convert municipal solid waste into renewable fuel. The project is set to be completed within 19 months from the Concession Agreement date.
07Apr 25
Refex Group Secures Major Projects: ₹78.00 Crore Order and 250 TPD Bio-CNG Plant Tender Win
Refex Renewables & Infrastructure Limited has won a new order worth ₹78.00 crore. Additionally, its unit, Refex Green Power, has secured a tender for a 250 TPD Bio-CNG plant with an estimated project cost of ₹78.54 crore. These developments are expected to boost the company's revenue, strengthen its market position, and contribute to business growth in the renewable energy sector.
02Apr 25
Refex Renewables Subsidiary Wins ₹65.07 Crore Bio-CNG Plant Project in Salem
Refex Green Power Limited, a subsidiary of Refex Renewables & Infrastructure Limited, has secured a contract to establish a 200 TPD Municipal Solid Waste based Bio-CNG plant in Salem, Tamil Nadu. The project, valued at ₹65.07 crore, will be executed on a DBFOT basis for 20 years under the Swachh Bharat Mission Urban 2.0. The plant's full capacity is scheduled to be commissioned within 19 months from the Concession Agreement signing. This project is expected to significantly boost the company's revenue, potentially exceeding ₹110 crore upon completion.
02Apr 25
Refex Renewables & Infrastructure Secures 650.7 Million Rupee Bio-CNG Project in Salem
Refex Renewables & Infrastructure Limited's subsidiary, Refex Green Power Limited, has been awarded a 650.70 million rupee project to establish a 200 TPD Municipal Solid Waste based Bio-CNG plant in Salem, Tamil Nadu. The project, part of the Swachh Bharat Mission Urban 2.0, will be executed on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis over a 20-year contract period. The plant is expected to be commissioned within 19 months from the signing of the Concession Agreement.
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