Refex Industries Limited — Others, 03-05-2025: Shareholders meeting

Refex Industries has announced a postal ballot where shareholders approved three key resolutions: raising investment, loan, guarantee, and security limits; amending the Employee Stock Option Scheme (ESOP) 2021; and approving material related party transactions with its subsidiary Venwind Refex Power Limited. Strong voting support—over 99% for investment limits and ESOP changes, and about 84% for related party dealings—grants the company enhanced operational flexibility and updated employee incentives, supporting its financial and strategic objectives.