Refex Industries Limited forms new subsidiary Venwind Refex Power Ltd

The Ministry of Corporate Affairs has approved the incorporation of wholly owned subsidiary of Refex Industries Limited in the name of, "Venwind Refex Power Limited" on December 20, 2024.

The new company will uundertake the project with the main objects, trading, manufacturing, production, assembly, distribution, and marketing of various sustainable energy assets, along with their components, systems, and related equipment's. It will also engage in consulting, engineering, EPC, OEM, research and development, and training services and managing, owning, and operating power plants based on sustainable energy sources. Additionally, it will focus on the commercialization and leasing of these assets and offer logistics, transportation, and related services for sustainable/renewable energy projects.

Source : Equity Bulls

Keywords

RefexIndustries Subsidiary RenewableEnergyProjects VenwindRefexPower