Refex Industries Recommends ₹1 Final Dividend; Approves FY26 Audited Results
Refex Industries Limited approved its audited financial results for Q4FY26 and FY26. The Board recommended a final dividend of ₹1 per equity share, subject to shareholder approval at the AGM. The company also noted the classification of Power Trading and Refrigerant Gases as discontinued operations and the forfeiture of ₹5.3 crore from lapsed warrants.
The dividend recommendation is a positive shareholder event. The financial results and classification of discontinued operations provide clarity on the company's performance and strategic direction.
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 of Directors 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, representing 50% of the paid-up value, for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
The company also disclosed that the Power Trading and Refrigerant Gases businesses have been classified as discontinued operations. The company has also forfeited ₹5,30,68,900 from upfront payments for convertible warrants that lapsed on May 06, 2026.
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Refex Industries Limited filed this with the NSE as a statutory disclosure, categorised under dividend. 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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See the model portfoliosA plain-language summary of a public exchange filing by Refex Industries Limited. Read the original for the full detail.