IFGL Refractories Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
IFGLEXPOR · price
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Awaiting price reaction for this filing.
Shishir Kumar Bajoria, a promoter of IFGL Refractories, has filed a declaration under Regulation 31(4) of SEBI's Takeover Regulations for the financial year ending 31st March 2025. The promoter has confirmed that he, along with his family members and wholly-owned companies, have not created any encumbrance (pledge, lien, or charge) on their shareholding during the year or thereafter. The promoter group's total holding stands at roughly 72.43% of the company, with Bajoria Financial Services Pvt Ltd holding 66.72% as the largest entity. This is a routine annual compliance filing required from promoters to confirm shareholding remains unencumbered.
No material impact on shareholders. The filing reassures investors that promoter shares remain free of any pledge or encumbrance, which is mildly positive for confidence in the stock's stability.