Refex Industries Limited — Others, 13-01-2025: ESOP/ESOS/ESPS

Refex Industries has announced a board meeting to discuss the allotment of 2,94,530 equity shares at a face value of ₹2 each, following the exercise of employee stock options under the Refex Employee Stock Option Scheme 2021. The company’s paid-up share capital will increase from ₹25.77 crore to ₹25.83 crore, now comprising 12,91,82,273 equity shares. With the realization of approximately ₹0.89 crore from this exercise, investor sentiment may see a positive outlook as these actions demonstrate commitment to rewarding employees and enhancing share liquidity.