Refex Renewables & Infrastructure Limited submitted a regulatory disclosure to BSE Limited regarding promoter reclassification.
The Board of Directors of the Company, in its meeting held on August 20, 2026, considered a Reclassification Request received from Avyan Pashupathy Capital Advisors Private Limited, which sought re-classification from "promoter" to "public" category in the company's shareholding pattern.
After analysis, the Board determined that the Reclassification Request is compliant with the conditions specified in clause (b) of sub-regulation (3) of the SEBI LODR Regulations.
The Board approved the re-classification request and decided to submit an application to BSE Limited seeking its no-objection for the proposed re-classification. This action is in accordance with sub-clause (iii) of clause (a) of sub-regulation (3) of Regulation 31A of the SEBI LODR Regulations.
The Company has duly filed and submitted the application in prescribed format and requirements seeking no-objection or approval from BSE Limited for the re-classification of Avyan Pashupathy Capital Advisors Private Limited's status as 'public'. The application was submitted on August 20, 2026.
The disclosure is made under Regulation 30 read with 31A(8)(c) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Company will inform stakeholders of the stock exchange's decision on the application when communicated, in accordance with Regulation 31A(8)(d) of the SEBI LODR Regulations.
The document is signed by Vinay Aggarwal, Company Secretary & Compliance Officer (ACS-39099) on behalf of Refex Renewables & Infrastructure Limited.