Refex Renewables & Infrastructure Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Refex Holding Private Limited, a promoter of Refex Renewables & Infrastructure Limited, has pledged an additional 8,68,600 equity shares. This increases the total encumbered shares to 14,36,600, representing 31.94% of the company's total share capital. The shares were pledged as collateral to maintain a 2.5x security cover for Non-Convertible Debentures (NCDs) amounting to ₹15 Crore. These NCDs were issued by Refex Renewables & Infrastructure Limited (₹10.50 Crore) and its group company, Spectrum Renewable Energy Private Limited (₹4.50 Crore). This move ensures compliance with financing terms.