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Refex Industries Limited grants ESOPs

Mumbai, 29 September 2022: Refex Industries Limited (Refex), a organization indexed on NSE & BSE and operating as part of Refex Group, lately introduced to offer worker inventory choice plan (ESOP) which might be vested withinside the subsequent five years. Refex had introduced the ESOPs` distribution for all eligible personnel withinside the first tranche, because of wholesome growth. “This scheme became began out with 20,00,000 alternatives that have been set apart for personnel, of which 7,00,009 Equity Shares have been granted withinside the first tranche to a number of the personnel”, stated Anil Jain, MD of Refex. Refex is a diverse commercial enterprise worried withinside the place of Coal and Ash handling, Power Trading, Solar strength era and Refrigerant Gases` production and re-filling. It is a pioneer in environmentally suited refrigerant gases. The distribution of such ESOPs has been made inclusive and consists of personnel throughout all ranks and stages of Refex. “The beyond twenty years had been a first rate adventure wherein we had been capable of set up ourselves as a robust participant in our commercial enterprise verticals. We have additionally been capable of increase our commercial enterprise verticals over the years. This furnish of ESOP will similarly encourage the personnel and we are able to collectively paintings tougher in our enterprise to scale more recent heights as Refex”, concludes Anil Jain, MD of Refex. About Refex Group*: Refex Group is certainly considered one among India`s main commercial enterprise groups, serving throughout renewables (sun strength), refrigerant gases, coal and fly ash handling, healthcare, and strength buying and selling sector. Refex Group additionally helps the goals of budding marketers with the aid of using manner of its investments and supplying extra guide to start-ups. With more than one places of work in India, it's been a 20-year-lengthy adventure of learning, resilience, and agility that Refex has traversed wherein it has continually aimed for excellence. The Group is based on a robust basis of standards consisting of integrity, diversity, dedication, commitment, and competitiveness, and continues its clients and shareholders` hobby on the core.

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