ALPHA TRIBE

IFGL Refractories LimitedImportant, 21-07-2025: General Updates

21-07-2025 | 08:30 am

IFGL Refractories has allotted over 3.60 crore new fully paid-up bonus equity shares of Rs. 10 each, issued in a 1:1 ratio. This means one new share for every existing share held. Consequently, the company's paid-up equity share capital has doubled to Rs. 72.08 Cr from Rs. 36.04 Cr. This capital expansion increases the total shares outstanding, which typically enhances market liquidity for investors and signals a strategic move to reward shareholders.

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