IFGL Refractories Limited has informed the Exchange about Allotment of Bonus Equity Shares.

Corporate Actions View source PDF Explain this filing

IFGLEXPOR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹276.45

prior close

₹270.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-0.7% vs market

Electrodes & Refractories peers, median of 9sector-0.1%-0.8% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.8 pts less than its Electrodes & Refractories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-1.5

15m

-1.7

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-0.2-0.7-0.1-0.8

Next day

-3.3-0.2-3.1+0.8-4.1

-5.2-0.4-4.7+0.4-5.5

-6.6-0.7-5.9-0.7-5.9

-11.4-2.6-8.8-1.9-9.5

-14.2-3.8-10.4-4.1-10.1

-13.5-2.0-11.5-2.9-10.6

15d

-15.3-6.1-9.2-9.4-5.9

-6.0-3.4-2.6-4.9-1.1

-11.7-2.2-9.6-3.7-8.0

-4.7-3.1-1.6-6.2+1.5

UpDownMarket · Nifty Microcap 250Sector · Electrodes & Refractories peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

IFGL Refractories has allotted 3,60,39,312 bonus equity shares of Rs. 10 each to eligible shareholders. The bonus is in the ratio of 1:1, meaning one new share for every one share held. The record date was 18th July 2025. As a result, the company's paid-up equity share capital has increased to Rs. 72.08 crore, consisting of 7,20,78,624 shares. The Committee meeting concluded at 8:20 AM IST on 21st July 2025.

Likely market impact

Shareholders will see their share count double, though the share price is expected to adjust downward proportionally to reflect the bonus. Total investment value typically remains the same immediately after the bonus, but liquidity improves due to the higher number of shares in the market.