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

Refex Industries has announced a postal ballot result where shareholders approved three key resolutions: authorizing investments, loans, and guarantees beyond existing limits; amending the Employee Stock Option Scheme (ESOP) 2021; and ratifying material related party transactions with its subsidiary Venwind Refex Power Limited. The strong shareholder support provides the company with greater financial flexibility, strengthens its employee incentive program, and ensures clarity in its dealings with related entities, all of which are positive steps for its strategic and operational growth.