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The latest announcement is out from Refex Industries Limited ( (IN:REFEX) ).
Refex Industries Limited has announced that its subsidiary, Venwind Refex Power Limited, will acquire 100% of Refex Engineering Products Private Limited, making it a step-down subsidiary. This acquisition aims to consolidate the company’s wind energy and ancillary businesses, enhancing operational efficiencies and integration within its business structure.
More about Refex Industries Limited
Refex Industries Limited operates in the construction industry, focusing on civil engineering projects and allied sector activities. The company is involved in consolidating wind energy and its ancillary business to enhance integration and operational efficiencies.
Average Trading Volume: 73,115
Technical Sentiment Signal: Hold
Current Market Cap: 46.98B INR
For a thorough assessment of REFEX stock, go to TipRanks’ Stock Analysis page.