Nilachal Refractories has announced its 49th Annual General Meeting on September 26, 2026, to address several key items. Shareholders will vote on adopting the audited financial results for the financial year ended March 31, 2026, and re-appointing Mr. Vimal Prakash as Director. The company also plans to appoint Mr. Bijay Kumar and Ms. Priyanka Poddar as Independent Directors for five-year terms starting August 25, 2026. A special resolution is proposed for Mr. Pradip Kumar Mohapatra to continue as an Independent Director past 75 years until September 24, 2028. Importantly, the company seeks to alter its Memorandum of Association to diversify into ferro alloys, steel, captive power generation, fly ash construction materials, and railway logistics, opening new growth avenues.