Refex Industries Limited — Updates, 12-08-2025: Other Restructuring

Refex Industries' board has approved the financial results for the quarter and half-year. The company also declared a first interim dividend of ₹0.50 per equity share for the current fiscal year. To strengthen its leadership, nine Senior Managerial Personnel have been appointed. Strategically, the board decided to discontinue the Power Trading business segment, citing low margins, high compliance costs, and a lack of strategic alignment. This segment contributed a turnover of ₹108.99 Cr (4.48%) and net worth of ₹6.77 Cr (0.54%) last fiscal year. This move aims to streamline operations and enhance focus on core business areas.