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Refex Industries informs about outcome of board meeting

02 Mar 2024 Evaluate
Refex Industries has informed that the Board of Directors of the Company at its meeting held today Saturday, March 2, 2024, considered and approved the following businesses: Fund Raising through Preferential issue to Promoter / Promoter Group - Preferential Issue of 50,00,000 (Fifty lakhs) equity shares and 1,25,75,000 (One Crore Twenty-Five lakhs and Seventy-Five Thousand) warrants at face value of Rs 2 each (post -split/sub-division) to the Promoter/ Promoter Group entity(s), subject to approval from the shareholders in the upcoming General Meeting and sanctions/approvals from the other regulatory/ governmental authorities, as may be required; The details as required under Regulation 30 read with para-A of Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are enclosed as Annexure-A; Noting of Valuation Report dated March 2, 2024, obtained in connection with the proposed Preferential Issue of Shares to Promoter/Promoter Group, issued by Rajeev Kumar Nayak, Registered Valuer (Securities or Financial Assets) IBBI Regn. No.: IBBI/RV/02/2022/14553 for valuation of equity shares, which contains different Valuation Approach/Methods.

The above information is a part of company’s filings submitted to BSE.

Refex Industries Share Price

244.75 0.35 (0.14%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Petronet LNG 273.05
Bharat Coking Coal 35.75
Linde India 7234.30
Refex Industries 244.75
IRM Energy 220.60
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