Credit Rating

19th August, 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 under Schedule III Part A: Intimation of Credit Rating read with SEBI Circular bearing No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 last updated on 30th January, 2026 Please be informed that Rating Agency, ICRA Limited (ICRA) by an e-mail dated 19th August, 2026, inter alia informed the following to the Company. Instrument Current Rated Amount Rating Action Financial Sector (Rs in crores) Regulator # Long term - Fund-based - Cash 163.05 [ICRA]AA- RBI Credit/Packing Credit (Stable): reaffirmed Long term - Fund-based - Term 84.95 [ICRA]AA- RBI Loan (Stable): reaffirmed Short term – Non-Fund based - 25.00 [ICRA]A1+: RBI Letter of Credit/Bank Guarantee reaffirmed Short term – Interchangeable limits (61.00) [ICRA]A1+: RBI - Letter of Credit/Bank Guarantee * reaffirmed Total 273.00 # SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. * Non-fund based limits of Rs. 61.00 crore is the sub-limit to the fund-based working capital limits Aforesaid disclosure is being made following Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for information and record of all concerned. This announcement is also being hosted on Company’s Website: https://ifglgroup.com/ at link https://ifglgroup.com/investor/credit-rating/. 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