Refex Industries Limited — Others, 05-06-2025: ESOP/ESOS/ESPS

Refex Industries has announced a board meeting on the allotment of 98,334 equity shares of ₹2 each issued through the exercise of vested employee stock options under its Employee Stock Option Scheme 2021. The company raised ₹33.56 lakh, increasing paid-up equity capital to ₹25.86 crore across 12.93 crore shares. Shares were allotted in demat form at exercise prices between ₹14.60 and ₹95 per share. This issuance supports employee incentivization, aligning their interests with shareholders.