IFGL Refractories will hold a board meeting on November 13, 2026 to consider unaudited standalone and consolidated results for the period ended September 30, 2026. The trading window stays closed until 48 hours after results are declared.
IFGL Refractories terminated its Joint Venture Agreement with Marvels International Group Company Limited, citing no material financial impact. The company retains full shareholding in the entity.
IFGL Refractories Limited announced the postal ballot voting results, successfully appointing Mr. Mukesh Harshadrai Rawal as Whole-time Director and CEO India.
IFGL Refractories sent reminders to shareholders holding physical shares, urging them to update mandatory PAN, KYC, and nomination details as per SEBI circulars.
IFGL Refractories Ltd issued a Postal Ballot Notice to seek shareholder approval for the appointment of Mr. Mukesh Harshadrai Rawal as Whole-time Director and CEO.
IFGL Refractories Limited has received an unsolicited 'CRISIL ESG 54' rating from Crisil ESG Ratings & Analytics Limited, classified under the Adequate category.
IFGL Refractories Limited has received renewed ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications from TÜV NORD CERT GmbH. The certificates cover its manufacturing and corporate facilities until September 2029.
Execution
Renewed for the period 2nd September, 2026 to 1st September, 2029
ICRA has reaffirmed the credit ratings for IFGL Refractories' long-term and short-term credit facilities, aggregating to ₹273 Crore. The ratings remain stable.
IFGL Refractories has promoted Mr. Ashok Kumar Kedia and Mr. Frank Mitchell as Co-Presidents of its US subsidiary, Mono Ceramics Inc, effective August 16, 2026.
IFGL Refractories Ltd has appointed Mr. Mukesh Harshadrai Rawal as Whole-time Director and CEO (India) for a three-year term effective from 16th August 2026.
IFGL is navigating a messy transition with leadership shifts and margin pressure from geopolitical disruptions, partially offset by strong domestic volume and US growth.
IFGL Refractories Ltd concluded its 19th Annual General Meeting on August 5, 2026. Shareholders approved all four proposed resolutions, including dividend payment and director reappointment.
IFGL Refractories Limited scheduled a board meeting on August 8, 2026, to consider unaudited standalone and consolidated financial results for the quarter ended June 2026.
The company filed its quarterly shareholding pattern under Regulation 31, detailing the distribution of equity among promoters and public shareholders as of June 30, 2026.
IFGL Refractories promoted Mr. Akshay Bajoria to President – Business Development & Strategy. He joins the Senior Management Personnel effective July 15, 2026.
IFGL Refractories issued its 19th AGM notice for August 5, 2026. The meeting will address the adoption of financial statements and a proposed Rs 2.15 dividend.
IFGL Refractories incorporated a wholly-owned subsidiary in Saudi Arabia for trading refractories. The company subscribed to shares worth approximately 0.25 Crore (SAR 1,00,000).
IFGL Refractories Ltd completed the voluntary liquidation of its step-down subsidiary, Hofmann Ceramic CZ s.r.o. The closure became effective on July 1, 2026.
IFGL reported healthy FY26 consolidated revenue growth of 14% at ₹1,904cr, driven by strong 20% domestic growth. Management is refocusing on the Indian market while turnaround initiatives continue for European subsidiaries.
IFGL is pivoting aggressively toward the domestic Indian steel growth story to offset stagnant European markets, utilizing technology transfers from UK subsidiaries to capture high-margin specialized segments.
IFGL reported FY26 consolidated revenue growth of 14% to ₹1,904 cr, driven by strong domestic and US performance, despite margin compression from elevated input costs.
Mr. Wayne Vardy resigned as Director of IFGL Refractories Limited's material subsidiary, MIRL, effective May 31, 2026. The departure follows personal reasons after a successful tenure.
IFGL Refractories Ltd submitted a missing Regulation 33(3)(d) declaration regarding its FY2026 audited financial results. The auditor issued an unmodified opinion on the standalone and consolidated statements.
IFGL Refractories recommended a final dividend of ₹2.15 per equity share for FY 2025-26. The record date is set for July 29, 2026, pending shareholder approval.
IFGL Refractories scheduled a board meeting for May 30, 2026, to approve audited financial results. Directors will also consider recommending a final dividend.