IFGL Refractories Limited — Board Meeting, 24-05-2025: Outcome of Board Meeting

IFGL Refractories has announced a board meeting on May 24, 2025, approving the financial results for the quarter and half-year. Consolidated revenue hit ₹1,670.44 Cr with a PAT of ₹42.98 Cr for FY25. They declared a final dividend of 10% (Re 1/share), adding to the interim 60% (Rs 6/share), totaling 70% dividend for the year. A 1:1 bonus share issue was proposed, effectively doubling equity capital after shareholder nod. Mihir Prakash Bajoria joins as Additional Director and will be Managing Director from September 1. Authorized share capital is set to rise from ₹63 Cr to ₹100 Cr.