IFGLREFRAC

IFGL Refractories Limited has informed the Exchange that the Company's US Subsidiary, EI Ceramics LLC has completed initial expansion of its manufacturing facilities in Sharonville and Fairfield Ohio in December 2014. This has resulted in a capacity increase to the main line Sharonville ISO Plant from previous 85,000 pcs per annum to a new current level of 126,000 pcs per annum. Also, in Fairfield the installation of a completely new plant for the manufacture of the Clay graphite foundry stoppers with a capacity of 10,000 pcs per annum. Total capital expenditure for the project has been partly

IFGL Refractories Limited has submitted to the Exchange a copy of transcript of Investors Conference Call held on February 18, 2015.

IFGL Refractories Limited has submitted to the Exchange a copy of Result Update Presentation for Quarter ended December 31, 2014.

IFGL Refractories Limited has informed the Exchange that the Board of Directors in their meeting held on February 14, 2015 have decided to redeem in full, 14,50,000 - 5% Redeemable Non-Cumulative Preference Shares of Rs.100/- each, in accordance with terms of issue thereof and subject to fulfillment of procedure relevant. For the purpose, the Board have fixed February 21, 2015 as the Record Date and redemption proceeds will be paid on February 23, 2015. The Board have also decided to declare payment of pro-rata dividend i.e. upto redemption date, at the rate of 5% for financial year 2014-15 to

IFGL Refractories Limited has informed the Exchange regarding Conference Call of Company scheduled to be held on February 18, 2015 to discuss financial performance for third quarter ended on December 31, 2014.

IFGL Refractories Limited has submitted to the Exchange a copy of the Scrutinizer's Report declaring the result of E-Voting conducted for Annual General Meeting of the Company held on August 22, 2014.

IFGL Refractories Limited has informed the Exchange that a meeting of the Board of Directors of the Company is scheduled to be held on February 14, 2014, inter alia, to consider and take on record Company s unaudited financial results both on standalone and consolidated basis for 3rd Quarter ended on December 31, 2013. In compliance of Clause 36 of the Listing Agreement, Notice is hereby given that the "trading window" closed from December 16, 2013 shall open 24 hours after said unaudited financial results will become public following Clause 12 of the Prohibition of Insider Trading Regulations

IFGL Refractories Limited has informed the Exchange that the Company has been conferred "Special Export Award" for financial year 2011-12 by CAPEXIL. The Company has received CAPEXIL Award for exports uninterruptedly since financial year 2002-03. CAPEXIL Special Export Award is conferred to one company only in each product group and decision is based on criteria i.e. Export Turnover, Export Growth during past three years. Export Destinations and weightage for Manufacturer exporters.

IFGL Refractories Limited has informed the Exchange that Mr. SIkander Yadav, who has been the Chief Financial Officer has ceased to be in the employment of the Company due to resignation on and from January 16, 2013. In the vacancy so caused, Mr. Kanhaiya Poddar presently employed with the Company and designated as General Manager (Finance & Accounts) has been appointed as Chief Financial Officer in the meeting of the Board of Directors held on February 09, 2013.

Ifgl Refractories Limited has informed the Exchange that IFGL Exports Ltd (IEL) also engaged in manufacture of Continuous Casting Refractories at new area of Kandla Special Economic Zone (Gujarat) has become a 51% subsidiary of the Company inasmuch registration of transfer of additional 5,80,550 Equity Shares of said IEL purchased from S K Bajoria Promoter Group was completed on 29th/30th March, 2012. Furthermore, although said IEL is not a material Indian subsidiary of the Company as yet, following good principles of corporate governance, Mr K S B Sanyal, being one of the Independent Director

Ifgl Refractories Limited has informed the Exchange that the Company has on September 03, 2010 remitted GBP 2 (two) millions for subscribing 10,00,000 Ordinary Shares of GBP 1(one) each at a premium of GBP 1 (one) each of the wholly owned subsdiary, IFGL Worldwide Holdings Limited, Isle of Man, strictly in conformity of FEMA Regulations.

Ifgl Refractories Limited has informed the Exchange vide its letter dated September 10, 2010 that "IFGL Refractories Limited (IFGL) is pleased to announce that its wholly owned subsidiary, IFGL Inc in US, has acquired 100% interest of EI Ceramics LLC and CUSC International Ltd both based in Cincinnati (Ohio-USA), as going concerns, for total purchase consideration of US$ 13 (thirteen) millions, free of long term debts."

Ifgl Refractories Ltd has informed the Exchange that "Based on recommendation of the Remuneration Committee, the Board of Directors of the Company in their meeting held to-day ie 30th October, 2009, have restored on and from 1st October, 2009 remuneration both of the Managing Director, Mr. S K Bajoria and Director and Chief Executive, Mr. P Bajoria at levels existing prior to their taking voluntary cuts from 1st February, 2009. Effective 1st February, 2009, Mr. S K Bajoria and Mr. P Bajoria had voluntarily agreed to reduce their Basic Salary to Rs 2 lacs and Rs 3.50 lacs from Rs 5.75 lacs and

Ifgl Refractories Ltd has informed the Exchange that vide its letter dated 16th Febuary,2009 " Pursuant to the clause 36 of the Listing Aggrements ,kindly be informed that at a meeting of the Remuneration Committee, constituted by the Board of Directors,of the company held to-day both the Managing Director , Mr S.K Bajoria and Director and Cheif Executive, Mr P Bajoria volunteered cuts in their remuneration effective 1st Febuary,2009 in view of market scenario radically changing since September/October,2008. Effective that date,Basic Salary of Mr S K Bajoria and Mr P. Bajoria will be Rs.2 (two