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