NSESale or disposal1 Jul 2026 · 1 Jul 2026, 10:31 pm
Sale or disposal
IFGL Refractories Limited · IFGLEXPOR
✦ AI SummaryDivestiture
IFGL Refractories Limited has completed the voluntary liquidation of its step-down subsidiary, M/s Hofmann Ceramic CZ s.r.o, in Czech Republic, effective July 1, 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
IFGL Refractories Limited has informed the Exchange about Sale or disposal
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IFGLEXPOR_01072026223147_Disclosure_signed.pdf
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1st 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 SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Disclosure is hereby made that Voluntary Liquidation of Company’s Step-Down Subsidiary,
M/s Hofmann Ceramic CZ s.r.o, Czech Republic (Identification Number - 26341166) has been
completed and have become effective today i.e 1st July, 2026 and accordingly, said Subsidiary’s
name stand deleted from the Commercial Register kept at the Regional Court in Pilsen (Czech
Republic).
The details of the aforesaid liquidation in terms of SEBI Master circular no. HO/49/14/14(7)2025-
CFD-POD2/I/3762/2026 dated 30th January 2026 are enclosed herewith as Annexure A.
This Disclosure is also being hosted on Company's Website: https://ifglgroup.com/ and shall be
available at link https://ifglgroup.com/investor/notice-announcements/ .
Thanking you,
Yours faithfully,
For IFGL Refractories Ltd.
(Mansi Damani)
Company Secretary
E-Mail : mansi.damani@ifgl.in
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
Disclosure under SEBI Circular dated 30th January, 2026 bearing No. HO/49/14/14(7)2025-
CFD-POD2/I/3762/2026 is given hereinbelow:-
Sl No. Particulars Details
1. The amount and percentage of the Financial Parameters of Hofmann
turnover or revenue or income and net Ceramic CZ s.r.o, Czech Republic as on
worth contributed by such unit or division 31st March, 2026 are as follows:
or undertaking or subsidiary or associate
company of the listed entity during the last Particulars Amount % of
financial year (Rs in consolidation
lacs)
Turnover 17.16 0.00 #
Net Worth 1.43 0.00 #
# rounded off to 2 decimal places
2. Date on which the agreement for sale has Not Applicable
been entered into
3. The expected date of completion of sale/ Liquidation is effective w.e.f. 1st July,
disposal 2026
4. Consideration received from such sale/ Not Applicable
disposal
5. Brief details of buyers and whether any of Not Applicable
the buyers belong to the promoter/
promoter group/ group companies. If yes,
details thereof
6. Whether the transaction would fall within No
related party transactions? If yes, whether
the same is done at arm’s length
7. Whether the sale, lease or disposal of the Not Applicable
undertaking is outside Scheme of
Arrangement? If yes, details of the same
including compliance with regulation 37A
of LODR Regulations
8. Additionally, in case of a slump sale, Not Applicable
indicative disclosures provided for
amalgamation/merger, shall be disclosed
by the listed entity with respect to such
slump sale.
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