IFGL Refractories Limited has informed the stock exchanges of the resignation of its Chief Research Officer, Mr. Narendra Kumar Mishra, effective from the close of business hours on Thursday, May 7, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and filed in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, last updated on January 30, 2026.

Resignation Details

Mr. Narendra Kumar Mishra communicated his decision to step down via email dated May 7, 2026, addressed to the company's management. In his resignation letter, he cited personal reasons as the basis for his departure and noted that, as per the terms of his employment, he may be relieved from his duties by August 6, 2026. The company's Company Secretary, Mansi Damani, signed and submitted the regulatory disclosure on May 7, 2026.

The key details of the disclosure are summarised below:

Regulatory Compliance

The announcement has been made in accordance with applicable SEBI listing regulations and is also hosted on the company's official website at https://ifglgroup.com/ , with the disclosure available at https://ifglgroup.com/investor/announcement . No further details regarding a replacement or successor for the Chief Research Officer role were provided in the disclosure.

IFGL Refractories Limited has successfully completed the e-voting process for appointing Mr Mihir Prakash Bajoria as Managing Director through postal ballot. The special resolution was passed on 2nd May, 2026, with overwhelming shareholder approval, marking a significant corporate governance milestone for the company.

E-Voting Results and Approval

The postal ballot process concluded with strong shareholder support, as detailed in the voting results:

The e-voting period remained open from 9:00 AM on 3rd April, 2026 till 5:00 PM on 2nd May, 2026, with the cut-off date for voting eligibility set as 27th March, 2026.

Appointment Details

The special resolution approved the appointment of Mr Mihir Prakash Bajoria with the following terms:

Voting Pattern Analysis

The voting results showed varied participation across different shareholder categories:

Notably, relatives of Mr Mihir Prakash Bajoria, including HUF being part of the Promoter/Promoter Group, abstained from voting on the resolution due to their interest in the matter.

Regulatory Compliance

The postal ballot process was conducted in compliance with Section 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. CS P K Sarawagi of M/s P Sarawagi & Associates served as the Scrutinizer for the e-voting process.

The company utilized NSDL as the e-voting service provider, ensuring a secure and transparent voting mechanism. The postal ballot notice dated 30th March, 2026 was disseminated through email on 31st March, 2026, and published on the company's website and stock exchange platforms. The voting results and scrutinizer's report have been made available on the company's website at www.ifglgroup.com and on NSDL's e-voting platform, ensuring complete transparency in the corporate governance process.