Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015…
As filed · Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 - Proceedings of NCLT convened Equity Shareholders, Secured Creditors and Unsecured Creditors
What happened
FactRefex Industries Limited held meetings for Equity Shareholders, Secured Creditors, and Unsecured Creditors on August 05, 2026, to consider and approve a Composite Scheme of Amalgamation and Arrangement involving Refex Green Mobility Limited and Refex Mobility Limited. The meetings were conducted via Video Conferencing and in physical mode at the company's registered office. The filing includes summaries of the proceedings from these meetings.
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
DelayedNew order will spill over to next financial year.
Q4 will have a good order book. I mean, we are winning many digital tender now during last four months.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Admission or rejection of the application by the tribunal
- Appointment of a resolution professional
- Claims admitted against the company
- And we are continuously capturing new geography so that we achieve more quantity of the work and also the busi (management committed by FY25)
- Definitely this coming financial year we'll do much better. (management committed by FY25)
Evidence
- Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 - Proceedings of NCLT convened Equity Shareholders, Secured Creditors and Unsecured Creditors Meeting held on Wednesday August 05, 2026(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- Procedural update in a matter already reported — scored below the opening event.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%