Refex Renewables & Infrastructure Ltd — Others, 25-08-2025: AGM/EGM

Refex Renewables has announced its 31st Annual General Meeting on September 18 to adopt FY25 financial results and director appointments. For FY25, standalone revenue fell 9% to `18.76 Cr`, with a `9.18 Cr` loss. Consolidated revenue decreased 10% to `67.99 Cr`, reporting a `36.39 Cr` loss. Auditors flagged `4.49 Cr` liabilities and `11.25 Cr` in written-back liabilities in two subsidiaries, leading to a qualified consolidated opinion. The company raised `10.50 Cr` via NCDs for aggressive Compressed Bio-Gas (CBG) sector expansion, including new municipal solid waste plants and acquisitions, but withdrew a `160 Cr` rights issue plan. Management plans new opportunities and capital to address current losses.