Refex Renewables and Infrastructure Ltd forays into a new line of business of manufacturing and dealing in fertilizers

The members of Refex Renewables & Infrastructure Limited at their 31st Annual General Meeting held on Thursday, September 18, 2025, by way of passing of a special resolution, have approved "Alteration of 'Objects' clause of the Memorandum of Association (MoA) of the Company.

Consequent to the amendment in the Objects Clause of MoA, the Company is foraying into a new line of business of manufacturing and dealing in all types of fertilizers including chemical, organic, and bio-based products, in addition to its existing business portfolio.

This includes but is not limited to Fermented Organic Manure (FOM), Liquid Fermented Organic Manure (LFOM), Phosphate Rich Organic Manure (PROM), bio-fertilizers, bio-pesticides, herbal soil conditioners, compost, micronutrients, plant growth promoters, bio stimulants, in both bulk and customized forms.

The Company proposes to commercialize its new product segment, namely, manure, including organic manure, under the 'Refex' brand and with the product name as "Biodhanic".

Shares of Refex Renewables & Infrastructure Ltd was last trading in BSE at Rs. 667.65 as compared to the previous close of Rs. 681.00. The total number of shares traded during the day was 1416 in over 24 trades.

The stock hit an intraday high of Rs. 694.00 and intraday low of 667.50. The net turnover during the day was Rs. 947870.00.

Source : Equity Bulls

Keywords

RefexRenewablesandInfrastructure INE332F01018 NewBusinessForay Fertilizers