Incorporation of Venwind Refex Projects Limited as Wholly-Owned Subsidiary
Refex Industries Limited announces the incorporation of Venwind Refex Projects Limited as its wholly-owned subsidiary, effective November 25, 2025, with a subscribed capital of ₹10 lakh, to focus on renewable energy projects.
The incorporation of a subsidiary is a routine corporate action and is unlikely to have a significant impact on the company's financials or operations in the short term.
The announcement is about the incorporation of a subsidiary, which is a neutral corporate event. No positive or negative financial information is disclosed.
* Refex Industries Limited announced the incorporation of Venwind Refex Projects Limited (VRPL) as a wholly-owned subsidiary of Venwind Refex Power Limited, making it a step-down subsidiary of Refex Industries. * VRPL was incorporated on November 25, 2025, with CIN: U42200TN2025PLC186385. * The subscribed capital of VRPL is ₹10 lakh, consisting of 1,00,000 fully paid-up equity shares of ₹10 each. * VRPL is yet to commence business operations and has a turnover of NIL. * VRPL will engage in generating, transmitting, distributing, and trading power from all energy sources, developing related facilities, obtaining necessary approvals for energy projects, and undertaking EPC/EPCM/BoP works.
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Refex Industries Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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