Refex Industries Limited — JV/Acquisition, 26-04-2026: Acquisition

Refex Industries has invested approximately ₹3 crore in its subsidiary, Venwind Refex Power Limited (VRPL), by participating in a Rights Issue. This capital infusion is set to bolster VRPL's financial foundation and fuel its future growth within the wind power sector. Following this investment and other conversions, Refex's stake in VRPL now stands at 73.28%, adjusted from 77.77%. This move underscores Refex's strategic focus on expanding its presence in the Power & Energy industry.