Refex Boosts Stake in Wind Power Subsidiary
Refex Industries Limited · REFEX · NSE ·
Refex has increased its shareholding in its subsidiary, Venwind Refex Power Limited (VRPL), from 73.28% to 77.39%. The stake was increased by converting ₹43 crore worth of Optionally Convertible Debentures (OCDs) into equity shares. This strategic move strengthens the subsidiary'…