IFGL Refractories Receives SEBI Warning for Non-Disclosure

IFGL Refractories Ltd has received an administrative warning from SEBI for non-disclosure of requisite information regarding related party transactions in its AGM notice dated August 25, 2023. The company clarified that this warning will have no impact on its financials, operations, or other activities. The letter was issued by SEBI on March 7, 2025, and the company has committed to addressing the matter in its upcoming board and audit committee meetings. IFGL Refractories assured stakeholders of compliance with regulatory norms going forward.

 

Source: Reuters