Refex Industries Ltd to invest in units of RKG Fund - I

The Board of Directors of Refex Industries Ltd in their meeting held today i.e. September 28, 2020, has given its approval to invest in the Units of RKG FUND - I, as may be decided from time to time, which is being managed by the Investment Manager RKG Asset Management LLP and by the Trust Company, Beacon Trusteeship Limited to the extent of Rs. 75 crores in different tranches. By this the Company shall have a substantial interest in the Fund.

Shares of Refex Industries Limited was last trading in BSE at Rs.46.55 as compared to the previous close of Rs. 46. The total number of shares traded during the day was 8235 in over 80 trades.

The stock hit an intraday high of Rs. 47.65 and intraday low of 46.3. The net turnover during the day was Rs. 385202.

Source : Equity Bulls

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