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Refex Renewables & Infrastructure informs about updates

Refex Renewables & Infrastructure has informed that the Company has received intimation from Sherisha Solar LLP (SS LLP), a stepdown wholly-owned subsidiary (through Refex Green Power, a wholly-owned subsidiary of the Company), regarding filing of an application for initiation of corporate insolvency resolution process against it by SILRES Energy Solutions under Section 7 of the Insolvency and Bankruptcy Code, 2016, before the National Company Law Tribunal, Chennai Bench, for an alleged default in payment of ₹34,24,38,916.

The above information is a part of company’s filings submitted to BSE.