Refex Industries' board has given its approval to invest in the Units of RKG Fund-I, as may be decided from time to time, which is being managed by the Investment Manager RKG Asset Management LLP and by the Trust Company, Beacon Trusteeship to the extent of Rs 75 crore in different tranches. By this the company shall have a substantial interest in the Fund.
The company is a specialist refiller and distributor of Refrigerant gases in India particularly, environmentally acceptable gases that are replacements for chloro-fluoro-carbons (CFC's).
