ALPHA TRIBE

IFGL Refractories LimitedOthers, 05-07-2025: Shareholders meeting

05-07-2025 | 08:28 pm

IFGL Refractories Ltd has announced the passing of two key resolutions via postal ballot: a bonus share issue in the ratio of 1:1 and an increase in authorised share capital with corresponding alteration of the capital clause in its Memorandum of Association. The bonus shares will be allotted to members holding shares as of the Record Date set at July 18, 2025. Both resolutions received overwhelming shareholder approval, with over 99.99% votes in favor, reflecting strong investor confidence and providing additional equity capital flexibility for the company’s growth plans.

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