Refex Industries : Preferential Issue

October 07, 2022

1st Floor, New Trading Wing, Rotunda Building

Exchange Plaza, 5th Floor, C - 1, Block G

The BSE Ltd.

The Nation Stock Exchange of India Ltd.

Phiroze Jeejeebhoy Towers, Dalal Street, Fort

Bandra - Kurla Complex, Bandra (E)

Mumbai - 400001

Mumbai - 400051

corp.relations@bseindia.com

cmlist@nse.co.in

Security Code No.: 532884

Security Code No.: REFEX

Equity Share Capital of the Company.

Dear Sir(s)/ Madam,

This is further to our earlier announcement dated August 05, 2022, September 19, 2022, September 21, 2022 and

September 23, 2022.

of the Board of Directors, in its meeting

We wish to inform you that the

has allotted

held today, i.e., on

of face value of ₹10/- each, for cash

consideration of

Banking & Authorization Committee

"),

October 07, 2022,

, including a premium of ₹120/- per equity share ("

aggregating to

(Rupees Fourteen Crore Thirty-Six Lakh Fifty Thousand only) to

₹130/- per equity share

Equity Shares

("

") [CIN: U74999TN2010PTC074345] having its registered office at No.

₹14,36,50,000/-

SunEdison

1/171 Old Mahabalipuram Road, Thiruporur, Chennai - 603110 Tamil Nadu (

Energy India Private Li ited

SEIPL

), one of the

Promoters

of the Company,

Private Limi ed h ving amalgamated with SEIPL w.e.f. September 08, 2022

on preferential basis.

erstwhil Sh isha T chnologies

S.

Name of the

Category of the

Pre-Preferential Holding

No. of

Post-Preferential Holding

No.

Allottee

allottee as per

No. of

% of

Equity

No. of Shares

% of

Regulation 31(1)

Shares

Holding

shares

Holding

of SEBI (LODR)

allotted

Regulations, 2015

1.

SunEdison

India

Promoter

93,86,881

44.70

11,05,000

1,04,91,881

47.46

Energy

Private Limited

Category

Pre preferential issue

Post preferential issue

No. of Shares

%

No. of Shares

%

Promoters and Promoter Group (A)

1,05,45,587

50.21

1,16,50,587

52.70

Total (A) + (B)

2,10,02,024

100.00

2,21,07,024

100.00

Public (B)

1,04,56,437

49.79

1,04,56,437

47.30

Grand Total (A) + (B) + (C)

2,10,02,024

100.00

2,21,07,024

100.00

Custodian (C)

-

-

-

-

Issuance of securities:

a) type of securities proposed to be issued (viz. equity

Equity Shares

shares, convertibles etc.);

b) type of issuance (further public offering, rights issue,

Preferential Allotment

depository receipts (ADR/GDR), qualified institutions

placement, preferential allotment etc.);

c) total numberamount offorsecuritieswhich theproposedsecuritiesto bewillissuedbe issuedor the

at11,05,000a premiumequityofshares₹120/of- apiece,face valuefor ofan₹10/aggregate- each,

(approximately):

amount of ₹14,36,50,000/- only.

d) in case of preferential issue, the listed entity shall

disclose the following additional details to the stock

SunEdison Energy India Private Limited

exchange(s):

i. names of the investors;

[CIN: U74999TN2010PTC074345]

ii. post allotment of securities - outcome of the

11,05,000 equity shares of face value of ₹10/- each,

subscription, issue price / allotted price (in case of

convertibles), number of investors;

at an issue price of ₹130/- per equity share

(including a premium of ₹120/- per equity share),

for an aggregate amount of ₹14,36,50,000/- only.

iii. in case of convertibles - intimation on conversion of

Not applicable.

securities or on lapse of the tenure of the

instrument;

You are requested to take the above information on records

and upload the same on your respective websites.

Thanking you.

Refex Industries Limited

Yours faithfully,

For