Outcome of the Board Meeting of Refex Industries Limited held on July 29, 2026, inter-alia considered and approved the un-audited financial results for the 1st Quarter ended June 30, 2026 ....

July 29, 2026 The BSE Limited The National Stock Exchange of India Limited st th 1 Floor, New Trading Wing, Rotunda Building, Exchange Plaza, 5 Floor, C – 1, Block G, SPchriripoz Ceo Jdeee:j e5e3b2h8o8y 4T owers, Dalal Street, Fort, SByamndbroal –: RKEuFrlEaX C omplex, Bandra East, Mumbai – 400001, Maharashtra, India Mumbai – 400051, Maharashtra, India Ref.: Disclosure under Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular no. HO/49/14/14(7)2025–CFD-POD2/I/3762/2026 dated January 30, 2026. Subject: Outcome of the meeting of the Board of Directors held on July 29, 2026 T ime of commencement: 11:39 AM (IST) / Time of conclusion: 12:30 PM (IST) D ear Sir(s)/ Madam, , Refex Industries Limited Company Wednesday, July 29, 2026 Furthinetre tro-a oliuar prior intimation dated July 23, 2026 we would like to inform all our stakeholders that the Board of D irectors of (“ ”), at its meeting held today, i.e., on , hi. asU, naudited, cFoinnsaindceiraeld R aensdu altpsp orfo tvheed Cthoem fpolalonwy ifnogr: t he 1st quarter ended June 30, 2026 , both standalone and consolidated basis, along with the Limited Review Reports thereon, issued by the Statutory Auditors. These results have been duly reviewed by the Audit Committee and M/s A B C D & Co LLP, Chartered Accountants (FRN: 016415S/S000188), the Statutory Auditors of the Company. Annexure I. We hereby enclose the copies of the aforesaid standalone and consolidated financial results, along with the limited review reports thereon, as Please note that aforesaid Financial Results will also be available on the Company's website at https://www.refex.co.in/investors/financial-information. Further we hereby inform you that, the arrangements have also been made for publication of the extracts of the Audited Financial Results in Newspapers, as per the requirements of Regulation 47 of the SEBI Listing ii. RReeg-cullaastisoifnisc.a tion of Senior Managerial Personnel (“SMP”) Ms. Lalitha Uthayak umar President – Refrigerant Gas B:u sBianseesds onG ethnee rrael cMomanmaegnedra –ti oAnc coofu nthtse Nomination and ARuegmuusnt e0r1at, io2n0 2C6ommittee, the Board of Directors has approved the re-designation of from to , with effect from , consequent to discontinuation of the Refrigerant Gas Business and re- alignment of organizational responsibilities. August 01, 2026 Consequent to this, she shall cease to be an SMP of the Company with effect from . Y ou are requested to take the above information on records and disseminate the same on your website. T hanking you. Refex Industries Limited Y ours faithfully, For& on behalf of Ankit Poddar Company Secretary & Compliance Officer Membership No.- ACS 25443 CA( ABC D &CO. LLP CHARTERED ACCOUNTANTS I NOIA Independent Auditor's Review Report on Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of Directors, Refex Industries Limited 1. We have reviewed the accompanying statement of Unaudited Standalone Financial Results of Refex Industries Limited (the "Company") for the quarter ended June 30, 2026 and the year to date results for the period April 01, 2026 to June 30, 2026, which are included in the accompanying "Standalone Unaudited Financial results for the quarter ended June 30, 2026" (the "Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing as specified under section 143(10) of the companies act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. R.O: Prince Centre 4th Floor I 709, Pathari Road I Anna Salai I Chennai - 600 006 LLPIN: ACN-29481 Branches: Hubballi I Bengaluru Based on our review conducted and procedures performed as stated in paragraph 3, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard ('Ind AS') and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Other Matter Paragraph We draw attention to Note 4 and Note 5 to the accompanying unaudited financial results, which describes that the Company has discontinued its operations in Power Trading and Refrigerant Gases segment during the previous quarters and for the quarter ended 30 June, 2026. As stated in the said note, the results of the Refrigerant Gases and Power Trading division have been classified and disclosed separately as "Discontinued Operations" in accordance with Ind AS 105 -Non-current Assets held for Sale and Discontinued Operations. We draw attention to Note 8 to the accompanying unaudited financial results, which describes that the Scheme of Amalgamation and Arrangement proposed under Sections 230 to 232 of the Companies Act, 2013 is pending approval before the National Company Law Tribunal (NCLT). Pending such approval, the Company has classified its investment as a Non-current Asset Held for Sale in accordance with the requirements of Ind AS 105 - Non-current Assets Held for Sale and Discontinued Operations. Our conclusion on the Statement is not modified in respect of this matter For ABC D & Co. LLP, Chartered Accountants Firm Registration No: 016415S/S000188 Partner iii:B;/ Membership No. 214520 Place: Chennai Date: July 29th, 2026 UDIN: 26214520BSFBLG7942 re f e >< Refex Industries Limited 2nd Floor, No. 313, Refex Towers, Sterling Road, Valluvar Kottam High Road, Nungambakkam, Chennai 600034 GIN L45200TN2002PLC049601 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2026 (Rs. In Lakhs) Quarter ended Year ended Particulars Jun 30, 2026 Mar 31, 2026 Jun 30, 2025 Mar 31, 2026 (Unaudited) IA udited) !Unaudited) (Audited) Continuing operation : 1 Income Revenue From Operations 61,925.09 70,103.07 35,110.53 2,03,920.28 Other Income 800.61 385.52 1,134.10 3,002.17 Total Income 62,725.70 70,488.59 36,244.63 2,06,922.45 2 Expenses Cost of Materials purchased & Services Consumed 50,043.32 55,629.99 29,661.51 1,64,278.95 Changes in inventories of finished goods, work-i [Showing first 8,000 characters — download PDF for full document]