Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure…
As filed · Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Refex Industries Limited s ( Company ) Composite Scheme of
What happened
FactIntimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Refex Industries Limited s ( Company ) Composite Scheme of Amalgamation and Arrangements including Merger/Demerger. and Arrangements including Merger/Demerger. Demerger of Green Mobility Business Undertaking of Refex Industries Limited (Vested in RIL pursuant to.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
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- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- 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 Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Refex Industries Limited s ( Company ) Composite Scheme of Amalgamation and Arrangements including Merger/Demerger(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +4 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%