IFGL Refractories allots bonus shares in 1:1 ratio
By Ankur Chandra | Published at: Jul 21, 2025 03:25 PM IST
Mumbai, 21 July 2025: IFGL Refractories Ltd (NSE: IFGLEXPOR, BSE: 540774) has announced the allotment of 3.6 crore fully paid-up bonus equity shares in a 1:1 ratio, effectively doubling its paid-up capital to ₹72.08 crore.
At 2:44 p.m. IST, 21st July, 2025, stock of IFGL Refractories stock price is down by 1.53%, trading at Rs 272.75.
Bonus Share Allotment Doubles Equity Base Overnight
The bonus issue, comprising 3,60,39,312 equity shares, was approved during a Committee of Directors meeting held on 21 July 2025, which concluded at 8:20 AM IST. The decision was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The bonus shares have a face value of ₹10 each and were allotted to eligible shareholders listed in the company’s Register of Members as of the record date, 18 July 2025.
Updated Capital Structure Reflects IFGL’s Strengthened Financial Position
| Particulars | No. of Shares | Face Value (₹) | Total Amount (₹) |
|---|---|---|---|
| Post-Bonus Paid-up Capital | 7,20,78,624 | 10 | 72,07,86,240 |
The revised capital structure demonstrates the company’s commitment to strengthening shareholder equity without altering the face value of its shares.
Key Bonus Share Allotment Highlights
| Action | Ratio | No. of Shares Allotted | Face Value per Share (₹) | Total Value (₹) |
|---|---|---|---|---|
| Bonus Issue | 1:1 | 3,60,39,312 | 10 | 36,03,93,120 |
By issuing bonus shares in a 1:1 ratio, the company has provided each existing shareholder with an additional share for every share held, effectively doubling their holdings at no extra cost.
IFGL Communicates Bonus Issue Update Across Investor Platforms
IFGL Refractories has confirmed that the details of the bonus issue have been made available on its investor relations website to ensure full transparency and accessibility for all stakeholders.
A Glimpse into IFGL Refractories’ Global Manufacturing Operations
IFGL Refractories Ltd is a listed manufacturer of specialised refractories catering primarily to the iron and steel industry. Headquartered in India, the company operates multiple manufacturing facilities both domestically and internationally. It remains committed to technological advancement and delivering value-added services to its global customer base.
REF: https://nsearchives.nseindia.com/corporate/IFGLEXPOR_21072025082814_BonusShareAllotment.pdf
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
