IFGL Refractories announced the allotment of 3,46,10,472 Equity Shares of Rs. 10/- each fully paid up of IGFL Exports to eligible shareholders of IFGL Refractories (IFGL) on the Record Date, 15 September, 2017 under scheme of amalgamation.

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IFGL Refractories announced that the Board of Directors of the Company at its meeting held on 9 September 2017, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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IFGL Refractories has announced vide the order by the Hon'ble National Company Law Tribunal, Kolkata Bench dated 03rd august 2017 has amalgamated with IFGL Exports on and from 1st April, 2016.

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IFGL Refractories has fixed 01 September 2017 as record date for ascertaining shareholders of the Company entitled to equity shares of IFGL Exports in ratio of 1:1 following amalgamation of IFGL Refractories into IFGL Exports.

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