General Updates

13th July, 2026 National Stock Exchange of India Ltd BSE Limited ‘Exchange Plaza’, C-1, Block – G Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street Bandra (E), Mumbai 400 051 Mumbai 400 001 Code : IFGLEXPOR Code: 540774 Dear Sir/Madam, Re: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Reference above, please be informed that a Subsidiary of the Company named IFGL Monocon Saudi Company Limited has been incorporated in Saudi Arabia on 11th July, 2026. Brief details thereof as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) are furnished in Annexure ‘A’ hereto. This disclosure is also being hosted on Company’s Website: https://ifglgroup.com and shall be available at link https://ifglgroup.com/investor/announcement. Thanking you, Yours faithfully, For IFGL Refractories Ltd. (Mansi Damani) Company Secretary E-mail : mansi.damani@ifgl.in Encl : As above IFGL REFRACTORIES LIMITED www.ifglgroup.com Head & Corporate Office: McLeod House Registered Office: Sector B, Kalunga Industrial Estate 3 Netaji Subhas Road, Kolkata 700 001, India P.O. Kalunga, Dist. Sundergarh, Odisha 770 031, India Tel: +91 33 4010 6100 | Email: ifgl.ho@ifgl.in Tel: +91 661 266 0195 | Email: ifgl.works@ifgl.in CIN: L51909OR2007PLC027954 ANNEXURE ‘A’ Disclosures pursuant to Regulation 30 of SEBI (LODR) 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 Sl. No. Particulars Details 1. Name of the Entity, Date & Name: IFGL Monocon Saudi Company Ltd Country of Incorporation etc Country: Saudi Arabia Date of Incorporation: 11th July, 2026 2. Name of holding company of the The Company is the Holding Company of incorporated Company and IFGL Monocon Saudi Company Ltd relation with the listed entity 3. Industry to which the entity being Refractory Industry incorporated belongs 4. Brief background about the entity Trading activities i.e. buying and selling of incorporated in terms of Refractories and ancillary products and products/line of business services 5. Brief details of any governmental Not applicable or regulatory approvals required for the incorporation 6. Nature of consideration – whether Nil cash consideration or share swap and details of the same. 7. Cost of subscription/price at 1,000 Shares of SAR 100 each has been which the shares are subscribed agreed to be subscribed by the Company 8. Percentage of 100% of the Shares of the Subsidiary will be shareholding/control by the listed held by the Company entity and/or number of shares allotted IFGL REFRACTORIES LIMITED www.ifglgroup.com Head & Corporate Office: McLeod House Registered Office: Sector B, Kalunga Industrial Estate 3 Netaji Subhas Road, Kolkata 700 001, India P.O. Kalunga, Dist. Sundergarh, Odisha 770 031, India Tel: +91 33 4010 6100 | Email: ifgl.ho@ifgl.in Tel: +91 661 266 0195 | Email: ifgl.works@ifgl.in CIN: L51909OR2007PLC027954