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

01-01-1970 | 12:00 am

Refex Renewables & Infrastructure Limited has seen a significant development with the full release of 4,31,000 pledged equity shares. These shares, previously held by Catalyst Trusteeship Limited as Debenture Trustee, represented 9.58% of the company's total share capital. This action means the shares are no longer encumbered, which is generally viewed as a positive indicator for shareholders. It implies a reduction in financial liabilities tied to the company's equity, enhancing its financial flexibility and overall perception in the market.

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