IFGL Refractories Limited
IFGL Refractories Ltd is a manufacturer of Specialized refractories and requisite operating systems for Iron and Steel Industry.
What IFGL files
- Others109
- Investor Meet28
- Important23
- Updates18
- Dividend/Bonus8
- PPTs8
IFGL Refractories' step-down subsidiary, Hofmann Ceramic CZ, completed voluntary liquidation. Its contribution to consolidated turnover was 0.17 Cr and net worth 0.01 Cr last year, indicating a negligible financial impact from this closure.
Board proposed a final dividend of Rs. 2.15 per equity share for FY26, pending shareholder approval. This dividend will incur Tax Deducted at Source (TDS). Shareholders must ensure updated PAN and other details for accurate tax processing.
IFGL Refractories' Board approved financial results for the quarter and year ended March 31. Auditors issued an Unmodified Opinion, affirming accurate and fair financial reporting for investors.
IFGL Refractories halted operations at its Kandla plant due to LPG supply disruption caused by the Gulf conflict and government prioritizing domestic consumers. This temporary stoppage, impacting LPG-dependent processes, could affect production and financial performance, though the impact is currently unquantifiable.
IFGL Refractories launched a new Plastic Refractories line at Visakhapatnam, utilizing UK tech. This Rs 2.10 Cr expansion, internally funded, adds 10,000 MT/year capacity. It strengthens their portfolio, boosts indigenous supply, and reduces import reliance in a niche sector.