News

Refex Renewables & Infrastructure Limited will hold a meeting of its Board of Directors on Wednesday, November 04, 2026, to consider and approve the Unaudited Financial Results for the second quarter ended September 30, 2026, both on a standalone and consolidated basis. The trading window for dealing in the company`s securities for designated persons and insiders was closed on October 01, 2026, and will reopen on Monday, November 09, 2026.

Refex Renewables & Infrastructure Limited is seeking shareholder approval for a preferential allotment of shares to North Star Opportunities Fund VCC – Bull Value Incorporated VCC Sub-Fund Mauritius, a Mauritius-based entity with Mr. Issam Ali Baqer as the ultimate beneficial owner. The allotment, requiring a special resolution under SEBI ICDR Regulations, will increase the total outstanding shares from 45,01,873 to 49,51,873. The newly allotted shares will have a six-month lock-in period from the date of trading approval and rank equally with existing shares regarding dividends and voting rights. The company confirms compliance with applicable regulations and that its promoters and directors are not willful defaulters or fraudulent borrowers, and the board recommends shareholder approval.

Refex Renewables & Infrastructure Limited is seeking shareholder approval for a preferential allotment of equity shares to North Star Opportunities Fund VCC – Bull Value Incorporated VCC Sub-Fund Mauritius, a foreign portfolio investor, via a special resolution. The allotment, which will rank equally with existing shares regarding dividends and voting rights, is being conducted in compliance with SEBI ICDR Regulations, with the issue price determined accordingly and a subsequent 6-month lock-in period from the date of trading approval. As of October 17, 2026, the company had 45,01,873 outstanding shares, which will increase to 49,51,873 post-allotment, resulting in a public shareholding of 15,84,448, or 32.00%. The ultimate beneficial owner of North Star Opportunities Fund is Mr. Issam Ali Baqer, and the company’s board recommends shareholders approve the resolution.

Refex Renewables & Infrastructure Limited, in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, confirmed that no physical share certificates were received for dematerialisation or rematerialisation of securities from depository participants during the second quarter ended September 30, 2026, based on a certificate from GNSA Infotech Private Limited, the company`s Registrar and Share Transfer Agent.

Refex Renewables & Infrastructure Limited will close its trading window for designated persons, including insiders, starting October 1, 2026, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company`s Insider Trading Code, to consider unaudited financial results for the second quarter ending September 30, 2026, of the financial year 2026-27.