Venwind Refex Power Ltd to acquire Refex Engineering Products Pvt Ltd

Venwind Refex Power Limited ("VRPL"), a Subsidiary of Refex Industries Limited ("the Company"), is in the process to acquire 100% equity shareholding comprising 10,000 equity shares at a face value ₹10 each in Refex Engineering Products Private Limited ("REPPL"), a wholly owned subsidiary of Refex Holding Private Limited i.e. promoter of the Company. As a result of this acquisition, REPPL will become a Step-Down Subsidiary of the Company.

The transaction will be done in compliance with applicable laws, rules, and regulations.

Refex Engineering Products Private Limited is engaged in the business of Construction, focusing on civil engineering projects and allied sector activities.

Source : Equity Bulls

Keywords

RefexIndustries VenwindRefexPower Acquisition RefexEngineeringProducts