In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Refex Industries has informed that the Banking & Authorization Committee at its meeting held on Friday, September 1, 2023, has considered and approved to further invest to the extent of ? 7.4 Crores in Refex Green Mobility, a Wholly Owned Subsidiary (WOS) of the company, by way of subscription to 74,00,000 fully paid up equity shares of face value ? 10 each by way of infusion of fresh capital. The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 read with Circular No.: SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 is attached as ‘Annexure A’.
The above information is a part of company’s filings submitted to BSE.
