IFGLEXPORNSEIFGL Refractories LimitedMediumNeutral
Announced Sun, 10 May · 12:49 IST

IFGL Refractories Limited has informed the Exchange regarding Appointment of Mr C Natarajan as Vice President (Vizag Works) of the company w.e.f. May 10, 2026.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-7.7%1-day move
₹187.38
prior close
₹190.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.3-2.8-2.2-2.8-7.7-7.8-8.5-11.8-15.2-9.3+4.6-2.3+19.0
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AI summary

IFGL Refractories Limited has disclosed two related personnel changes at its Vizag Works facility. Mr K Selva Muthu Kumar tendered his resignation as Vice President (Vizag Works) due to personal reasons, effective from the close of business on 9th May, 2026. He had provided three months' notice as per his employment terms. In the resulting vacancy, Mr C Natarajan (son of Mr V Chokkalingam) has been appointed to the role effective 10th May, 2026. Mr Natarajan holds a Bachelor's degree in Ceramic Technology and brings 28 years of extensive experience in the refractories industry, specializing in High Alumina and Basic Refractory products.

Likely market impact

This is a routine operational change at the senior management level. The company has swiftly filled the vacancy with an experienced internal or external candidate from the refractories industry, which should ensure continuity in Vizag Works operations. No material impact on stock price expected.