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Refex Renewables & Infrastructure LtdImportant, 15-08-2026: Company Update

15-08-2026 | 11:23 am

Refex Renewables & Infrastructure has finalized the settlement of disputes with SILRES Energy Solutions. Its step-down subsidiary, Sherisha Solar LLP, paid ₹16.51 Cr to SILRES, settling a ₹33.39 Cr loan liability, leading to the withdrawal of all related legal petitions. This strategic move resolves significant litigation. Additionally, as part of an internal restructuring, the company divested its wholly-owned subsidiary Ishaan Solar (including SEI Tejas) for ₹3.93 Cr, along with its 0.064% equity in SILRES for ₹10 lakh, and the "SUNEDISON" trademarks for ₹1 Cr, streamlining its business focus.

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