Refex Renewables & Infrastructure Ltd — Board Meeting, 07-08-2025: Board Meeting

Refex Renewables' board has approved its financial results for the quarter ended June 30, 2025. The company and group reported losses, with net worth fully eroded, raising "going concern" doubts, though management cites promoter support. Auditors issued a qualified opinion on consolidated results citing insufficient evidence for INR 4.49 Cr liabilities and INR 11.25 Cr previously written-back liabilities in subsidiaries, plus one subsidiary's financials are on a liquidation basis. The company is diversifying into manufacturing and trading bio-fertilizers under the 'Refex Biodhanic' brand. An Annual General Meeting is set for September 18, 2025, and a special window for physical share re-lodgement is open until January 6, 2026.