Refex Renewables & Infrastructure Ltd — Important, 18-11-2025: Company Update

Refex Renewables & Infrastructure announced its wholly-owned step-down subsidiary, Sherisha Solar LLP, is facing insolvency proceedings. An application was filed against SS LLP by a third party for an alleged payment default of ₹34.24 Crore. This legal challenge could impact the subsidiary's operations, though SS LLP intends to strongly dispute the petition. This is a key development for investors to monitor regarding the company's subsidiary.