Refex Renewables & Infrastructure Ltd — Important, 08-08-2026: Company Update

Refex Renewables & Infrastructure Limited has announced a significant internal ownership shift. Refex Holding Private Limited, a promoter entity, is acquiring 1,391,869 equity shares, representing 30.94% of the company's paid-up capital, from Avyan Pashupathy Capital Advisors Private Limited, another promoter. This is an internal transfer within the promoter group. Following this, Avyan will apply to change its classification from a promoter entity, subject to shareholder and stock exchange approvals. This move primarily reorganizes the shareholding structure among the company's founders.