IFGL Refractories Limited has appointed Mr. Mukesh Harshadrai Rawal as a Non-Executive Non-Independent Director, effective from 17th July, 2026, following approval through a postal ballot. The resolution received 99.976% of the total valid votes cast, securing the requisite majority from shareholders. The appointment fills the position of a director liable to retire by rotation.

The e-voting process was conducted by NSDL from 18th June, 2026 to 17th July, 2026. A total of 152 members participated, casting 63,221,058 votes. The scrutinizer, CS P K Sarawagi of M/s P Sarawagi & Associates, certified the results in a report dated 17th July, 2026.

Voting Breakdown

The voting results indicated strong support across all shareholder categories. Promoters and the promoter group cast 52,209,548 votes, all in favour. Public institutions and non-institutions also voted overwhelmingly in favour of the resolution.

Procedural Details

The postal ballot notice was dated 13th June, 2026, and the record date for determining eligibility was 12th June, 2026. The company disclosed the results under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The requisite advertisements were published in "Pratidin" and "Business Standard" on 17th June, 2026.

Mr. Mukesh Harshadrai Rawal (DIN: 11676514) assumes the role of Non-Executive Non-Independent Director. The scrutinizer confirmed that the votes were unblocked on 17th July, 2026, in the presence of witnesses. The detailed voting results and scrutinizer's report are available on the company's website.

IFGL Refractories has recommended a final dividend of ₹2.15 per equity share for the financial year 2025-26, subject to the approval of shareholders at the upcoming Annual General Meeting. The dividend, if approved, will be paid on or after August 10, 2026. The record date for determining shareholder eligibility for the dividend and voting rights is July 29, 2026.

The 19th Annual General Meeting of the company is scheduled to be held on August 5, 2026, at 11 AM IST through Video Conferencing and Other Audio Visual Means. The meeting will be conducted in compliance with the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report for FY 2025-26 has been dispatched electronically to members whose email addresses are registered with the company or depository participants.

Shareholders can participate in the meeting and vote through the remote e-voting facility provided by National Securities Depository Limited (NSDL). The remote e-voting period commences on August 2, 2026, at 9 AM IST and concludes on August 4, 2026, at 5 PM IST. Members who hold shares as on the cut-off date of July 29, 2026, are entitled to vote. E-voting will also be available on the day of the AGM until 15 minutes after the conclusion of the meeting.

M/s P. Saravagi & Associates has been appointed as the scrutinizer to oversee the e-voting process. The company has advised members holding shares in physical form to register or update their email addresses and bank details with the Registrar and Share Transfer Agent, M/s Maheshwari Datamatics Private Limited, to ensure seamless receipt of dividends and other communications.

Key Dates