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Refex Holding pledged shares to Axis Securities and others for promoter and company loans
18-Aug-2026, 04:10
Refex Holding Private Limited, a promoter group entity of Refex Industries Limited, has pledged a significant number of shares to secure personal loans for promoters and loans for the company itself, according to a recent filing. The pledges, made between January 2026 and August 2026, involve a total of 45,19,856 to 50,45,816 shares, representing a portion of the promoter holding. Pledgees include Axis Securities Limited, Northern Arc Capital Limited, Catalyst Trusteeship Limited (acting for Touchstone Trust Scheme VI), and Shringee Packaging and Ancilliary Private Limited. Several of the encumbrances are listed as "additional margin pledges," indicating adjustments to initial pledge amounts, and are linked to debentures issued by Refex Life Sciences Private Limited.
Refex Holding Private Limited, a promoter group entity of Refex Industries Limited, has pledged a significant number of shares to secure personal loans for promoters and loans for the company itself, according to a recent filing. The pledges, made between January 2026 and August 2026, involve a total of 45,19,856 to 50,45,816 shares, representing a portion of the promoter holding. Pledgees include Axis Securities Limited, Northern Arc Capital Limited, Catalyst Trusteeship Limited (acting for Touchstone Trust Scheme VI), and Shringee Packaging and Ancilliary Private Limited. Several of the encumbrances are listed as "additional margin pledges," indicating adjustments to initial pledge amounts, and are linked to debentures issued by Refex Life Sciences Private Limited.