SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Refex Renewables’ arm completes acquisition of 51.03% stake in Vyzag Bio

30 Dec 2024 Evaluate

Refex Renewables & Infrastructure’s wholly-owned subsidiary -- Refex Sustainability Solutions (RSSL) has completed the acquisition of 51.03% equity stake, from the existing promoters and investment by way of fresh equity infusion in Vyzag Bio-Energy Fuel (Vyzag Bio), thereby, making this entity, a subsidiary of RSSL and step-down subsidiary of Refex Renewables & Infrastructure with effect from December 30, 2024.

The acquisition of Vyzag Bio is a step forward towards strategic expansion and entering into Compressed Bio-Gas (CBG) business. Vyzag Bio operates a CBG plant producing biogas from segregated municipal waste, which involves processing organic material derived from municipal solid waste. The plant is designed with a capacity to output 850 kg of CBG per day, making it a significant contributor to green fuel production.

Refex Renewables & Infrastructure (formerly known as Sunedison Infrastructure) is engaged in the processing, sale and export of marine products.


Refex Renewbl&Infra Share Price

296.40 5.80 (2.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×