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

Refex Holding Private Limited, a promoter of Refex Renewables & Infrastructure, has pledged an additional 8,68,600 shares. This action serves as collateral to meet the required 2.5x security cover for Non-Convertible Debentures (NCDs) totaling ₹15 Crore. These NCDs were issued by Refex Renewables (₹10.50 Crore) and its group company, Spectrum Renewable Energy (₹4.50 Crore). Following this pledge, the promoter's total encumbered shares now amount to 14,36,600, representing 31.94% of the company's total share capital, reinforcing financing for the group's operations.