Refex Industries Limited — Others, 12-08-2025: Change in Management

Refex Industries has released its financial results for the quarter ended June 30, 2025. The Board has declared a ₹0.50 per share interim dividend, with August 19 set as the record date. In a key strategic move, the company is discontinuing its Power Trading business segment due to low margins and high compliance costs. This segment generated approximately ₹109 Cr in turnover and contributed about ₹6.77 Cr to net worth last fiscal year. Additionally, Refex has appointed nine Senior Managerial Personnel across various departments, bolstering its leadership for future growth.