IFGL Refractories Limited has informed the Exchange about Resignation of Director/KMP/SMP

Management Changes View source PDF Explain this filing

IFGLEXPOR · price

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

+0.2%Reaction day

₹187.00

prior close

₹188.23

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+0.3% vs market

Electrodes & Refractories peers, median of 10sector-0.0%+0.2% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.2 pts more 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

+0.2

15m

-0.4

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2-0.1+0.3-0.0+0.2

Next day

-2.7-1.5-1.2-0.9-1.8

-7.5-4.5-3.0-4.4-3.1

-7.6-3.9-3.7-4.2-3.4

-8.3-3.6-4.7-1.3-7.0

-11.6-4.0-7.6-2.8-8.8

-14.4-4.9-9.6-3.8-10.7

15d

-5.3-2.7-2.7-5.4+0.1

+3.9-2.5+6.4-8.4+12.3

+20.6+2.7+17.8-4.6+25.2

+20.5+8.4+12.1+1.7+18.8

UpDownMarket · Nifty Microcap 250Sector · Electrodes & Refractories peers, median of 10Pending

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

AI summary

Mr. Narendra Kumar Mishra has tendered his resignation from the position of Chief Research Officer at IFGL Refractories Limited, effective 7th May 2026. The reason cited is personal reasons. The company may relieve him from duties by 6th August 2026, indicating a notice period. This is a senior management-level departure and does not involve the board or key managerial personnel as defined under the Companies Act.

Likely market impact

The resignation of a senior research officer could impact R&D operations in the short term, though the extended notice period allows time for transition. The stock is unlikely to be materially affected as this is not a director or KMP-level exit.