Refex Industries Recommends ₹1 Dividend; Approves Audited FY26 Results
Refex Industries approved audited standalone and consolidated financial results for FY26. The company recommended a final dividend of ₹1 per share for FY26, subject to shareholder approval at the AGM. The Power Trading and Refrigerant Gases segments have been classified as discontinued operations.
The dividend recommendation and financial results approval are significant for investors. The discontinuation of certain segments provides clarity on the company's strategic focus.
The recommendation of a final dividend and the approval of audited financial results are positive developments for shareholders.
Refex Industries Limited announced the outcome of its Board Meeting held on May 26, 2026. The Board approved the audited financial results for the fourth quarter and the financial year ended March 31, 2026, on both standalone and consolidated bases.
Additionally, the Board recommended a final dividend of ₹1 per equity share (50% on paid-up value) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The audited financial results will be available on the company's website and published in newspapers as per regulatory requirements.
The company also noted the discontinuation of its Power Trading and Refrigerant Gases business segments. The financial statements reflect these as discontinued operations. The auditors, M/s A B C D & Co. LLP, have issued their reports on the financial results, confirming adherence to Ind AS and regulatory compliance. The company's share capital was adjusted due to the allotment of 69,859 equity shares following the exercise of employee stock options.
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Refex Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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