Refex Renewables & Infrastructure Ltd — Important, 19-02-2026: Company Update

Refex Renewables & Infrastructure Limited's Promoter & Non-Executive Director, Mr. Anil Jain, has secured a stay order from the Securities Appellate Tribunal (SAT) on the recovery of a penalty previously imposed by SEBI. This penalty was related to alleged insider trading activities concerning Refex Industries Limited shares. The stay is conditional on Mr. Jain depositing 50% of the penalty amount with SEBI within four weeks. The company clarifies that this development has no financial, operational, or monetary impact on Refex Renewables & Infrastructure Limited, ensuring no direct business disruption for shareholders.