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The latest update is out from IFGL Refractories Ltd. ( (IN:IFGLEXPOR) ).
IFGL Refractories Ltd. announced a proposed acquisition of 437,490 equity shares by Bajoria Financial Services Pvt Ltd, part of its Indian Promoter Group, from another promoter, Mr. Mihir Prakash Bajoria. This internal transfer will not alter the overall shareholding of the Promoter and Promoter Group, indicating a strategic move to consolidate holdings without impacting the company’s market position or stakeholder interests.
More about IFGL Refractories Ltd.
IFGL Refractories Ltd. operates in the refractories industry, providing specialized products essential for high-temperature processes in sectors such as steel, cement, and glass manufacturing. The company focuses on producing and supplying refractories, which are materials resistant to heat and are crucial for industrial applications.
Average Trading Volume: 25,866
Technical Sentiment Signal: Hold
Current Market Cap: 15.53B INR
Find detailed analytics on IFGLEXPOR stock on TipRanks’ Stock Analysis page.