Refex Industries Limited — JV/Acquisition, 06-09-2025: Acquisition

Refex Industries has invested ₹43 Cr in its existing subsidiary, Venwind Refex Power Limited (VRPL), through the allotment of Optionally Convertible Debentures. This strategic funding aims to meet VRPL's capital requirements as it operates in the Power & Energy sector, focusing on wind power. Refex currently holds 75.50% equity in VRPL. This move strengthens Refex's commitment to its renewable energy portfolio, ensuring its subsidiary has the necessary resources for continued growth and operations in this key segment.