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Bajoria Financial Services to Acquire Stake in IFGL Refractories

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Bajoria Financial Services to Acquire Stake in IFGL Refractories

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The latest announcement is out from IFGL Refractories Ltd. ( (IN:IFGLEXPOR) ).

Bajoria Financial Services Pvt Ltd, part of the promoter group of IFGL Refractories Ltd, has announced its intention to acquire 4,37,490 equity shares, representing 0.61% of the company’s share capital, from Mr. Mihir Prakash Bajoria. This acquisition is part of an inter-se transfer among promoters, aligning with regulatory requirements and potentially strengthening the promoter group’s control over the company.

More about IFGL Refractories Ltd.

IFGL Refractories Ltd. operates in the refractories industry, providing essential materials used in high-temperature industrial processes. The company focuses on producing refractory products that serve various sectors, including steel, cement, and glass manufacturing.

Average Trading Volume: 25,866

Technical Sentiment Signal: Hold

Current Market Cap: 15.53B INR

For an in-depth examination of IFGLEXPOR stock, go to TipRanks’ Overview page.

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