IFGL Refractories Ltd has informed BSE that following recommendation of the Audit Committee, the Board of Directors of the Company in their meeting held on August 06, 2016 approved merger of the Company with its Indian Subsidiary, IFGL Exports Ltd, under the provisions of section 391 to 394 of the Companies Act, 1956 and the corresponding provisions of the Companies Act, 2013, as applicable, with the appointed date of April 01, 2016, subject to necessary approvals and/or permissions including sanction of the Scheme of Amalgamation by the jurisdictional High Court(s). Share Exchange Ratio approved is 1:1 i.e., One Equity Share of Rs. 10/- each of the subsidiary Company credited as fully paid-up for every one Equity Share of Rs. 10/- each fully paid-up held in the Company. IFGL Refractories Ltd has informed BSE that on a Petition filed by the Company under Section 230(1) read with Section 232 of the Companies Act, 2013 in connection with amalgamation of the Company with IFGL Exports Ltd, Kolkata Bench of the National Company Law Tribunal has passed an Order on February 15, 2017, a copy whereof is enclosed. (As Per BSE Announcement Dated on 17.02.2017) Kindly be informed that following Order dated 15th February 2017 of the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench in Company Application No 36/2017, a meeting of the Shareholders of IFGL Refractories Limited was convened and held yesterday i.e. on Monday, 3rd April, 2017. Following aforesaid Order of NCLT,said meeting was chaired by Mr Justice Raghubir Dash. Alternative Chairman,Mr Pratap Mohapatra, Advocate assisted him.Practicing Company Secretary,Mr Saroj Kumar Ray functioned as Scrutinizer. Summary of proceedings of said meeting is attached herewith, which is also being hosted on Company's website www.ifglref.com Kindly be informed that following Order dated 15th February 2017 of the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench in Company Application No 36/2017, a meeting of the Secured Creditors of IFGL Refractories Limited was convened and held yesterday i.e. on Monday, 3rd April, 2017. Following aforesaid Order of NCLT, said meeting was chaired by Mr Justice Raghubir Dash. Alternative Chairman, Mr Pratap Mohapatra, Advocate assisted him. Practicing Company Secretary, Mr Saroj Kumar Ray functioned as Scrutinizer. Summary of proceedings of said meeting is attached herewith, which is also being hosted on Company's website www.ifglref.com Kindly be informed that following Order dated 15th February 2017 of the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench in Company Application No 36/2017, a meeting of the Unsecured Creditors of IFGL Refractories Limited was convened and held yesterday i.e. on Monday, 3rd April, 2017. Following aforesaid Order of NCLT, said meeting was chaired by Mr Justice Raghubir Dash. Alternative Chairman, Mr Pratap Mohapatra, Advocate assisted him. Practicing Company Secretary, Mr Saroj Kumar Ray functioned as Scrutinizer. Summary of proceedings of said meeting is attached herewith, which is also being hosted on Company's Website www.ifglref.com (As Per BSE Announcement Dated on 04.04.2017) Kindly be informed that following Order dated 15th February 2017 of the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench in Company Application No 36/ 2017, a meeting of the Shareholders of IFGL Refractories Limited was convened and held on Monday, 3rd April, 2017. The Shareholders have approved the Scheme with requisite majority and in this regard details of voting results along with copy of Scrutinizer's Report is attached for your perusal. (As Per BSE Announcement Dated on 05.04.2017) IFGL Refractories Ltd has informed BSE regarding the details of Voting results of Court Convened Meeting, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. To approve proposed Scheme of Amalgamation between IFGL Refractories Limited (Transferor Company') and IFGL Exports Limited (Transferee Company'). (As per BSE Announcement dated on 07.04.2017) Kindly be informed that the Hon'ble National Company Law Tribunal, Kolkata Bench by passing an Order today i.e 16th May, 2017 fixed hearing on Company's application for confirmation of Scheme relating to above merger on Monday, 17th July, 2017. Steps as may be necessary are being taken to implement said Order of the Hon'ble Tribunal including a copy whereof is being hosted on Company's website www.ifglref.com under the button Merger'. Hon'ble Tribunal on 16th May, 2017 by passing an Order fixed hearing of Transferee Company's application for confirmation of said Scheme of Amalgamation also on Monday, 17th July, 2017. (As per BSE Announcement dated on 16.05.2017) Kindly be informed that yesterday, on 26th July, 2017, the Hon'ble National Company Law Tribunal, Kolkata Bench heard at length Company's Application being CP (CAA) No. 217/KB OF 2017 for sanction of above Scheme of Amalgamation and reserved Order thereon and necessary application is being made to the Hon'ble National Company Law Tribunal, Kolkata Bench for the certified copy of the Order. This disclosure is being made in compliance of Regulation 30 read with Regulation 37 of above Regulations. (As Per BSE Announcement Dated on 27.07.2017) Kindly be informed that the Hon'ble National Company Law Tribunal, Kolkata Bench has today sanctioned,without any change whatsoever in the Scheme of Amalgamation, merger of IFGL Refractories Ltd with IFGL Exports Ltd on and from 1st April, 2016. Certified true copy of the Order passed by the Hon'ble Tribunal has been applied for. You are aware that IFGL Refractories Ltd (IFGL) has merged with IFGL Exports Limited (IEL) on and from 1st April, 2016 following Order dated 3rd August, 2017 passed by the Hon'ble National Company Law Tribunal, Kolkata Bench. The Scheme of Amalgamation sanctioned by the Hon'ble Tribunal provide that Equity Shares of IEL to be issued and allotted to eligible shareholders of said IFGL will be listed both on BSE Limited and National Stock Exchange of India Ltd. Accordingly, an application for listing of IEL's Equity Shares will be separately sent to you by IEL. To transact matters arising from and consequent to approval of said Scheme of Amalgamation, details whereof has been given in attached letter, a meeting of the Board of Directors of IEL has also been convened and is scheduled to be held on Saturday, 5th August, 2017. (As Per BSE Announcement Dated On 03/08/2017) Further to our letter dated 3rd August, 2017, please be informed that certified true copy of Order passed by Hon'ble National Company Law Tribunal, Kolkata Bench approving above Merger on and from 1st April, 2016 was taken on record by the Board of Directors both of the Transferor and Transferee Companies at their meeting held today, Saturday 5th August, 2017. Both Transferor and Transferee Companies have also e filed today certified copy of Order of Hon'ble Tribunal with the Ministry of Corporate Affairs for registration. At Board Meeting of Board of Directors of Amalgamated Company, IFGL Exports Ltd (IEL), amongst others some businesses were also transacted details whereof which has been given in attached letter. (As Per BSE Announcement Dated on 05.08.2017) Reference above and announcement made earlier on 10th August, 2017, Notice is hereby given that Record Date fixed of Friday, 1st September, 2017 for the purpose of ascertaining shareholders of IFGL Refractories Limited (merged with the Company following passing of Order dated 3rd August 2017 by the Hon'ble National Company Law Tribunal, Kolkata Bench) entitled to Equity Shares of the Company in the ratio 1:1, has been cancelled and withdrawn as requisite regulatory approvals are still awaited. New Record Date will be fixed immediately after receipt of regulatory approvals and fresh Notice regarding fixation of Record Date will be issued in due course. Inconvenience caused due to aforesaid is sincerely regretted. (As Per BSE Announcement Dated On 21/08/2017) Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation as sanctioned by the Kolkatta Bench of the Hon'ble National Company Law Tribunal between IFGL Refractories Limited and IFGL Exports Limited, IFGL Refractories Limited has intimated the Record Date to determine the entitlement of shareholders of IFGL Refractories Limited to equity shares of IFGL Exports Limited. Trading Members are advised not to deal in the equity shares of IFGL Refractories Limited with effect from the under mentioned date: COMPANY NAME CODE IFGL Refractories Limited (532133) RECORD DATE 15/09/2017 PURPOSE The Scheme of Amalgamation: - Upon the Scheme becoming effective and in consideration of the Amalgamation of IFGL Refractories Limited into IFGL Exports Limited, IFGL Exports Limited shall issue and allot Equity Shares to the shareholders of IFGL Refractories Limited in the following share exchange ratio: '01 equity share of IFGL Exports Limited for every 01 equity Share held in IFGL Refractories Limited'. NO DEALINGS FROM 14/09/2017 DR-115/2017-2018 Trading Members of the Exchange are requested to take note of the above. (As Per BSE Notice Dated on 05.09.2017) Reference above, kindly be informed that the Company has today, Monday, 18th September, 2017 issued and allotted 3,46,10,472 Equity Shares of Rs. 10/- each fully paid up, as per break-up given below, to eligible shareholders of IFGL Refractories Ltd (IFGL) on the Record Date, 15th September, 2017. a)1509766 Equity Shares of the Company to 9599 holders of 1509766 Equity Shares, in physical mode, of said IFGL. b)30833594 Equity Shares of the Company to 5719 holders of 30833594 Equity Shares in electronic mode with National Depository Services Ltd (NSDL) of said IFGL. c)2267112 Equity Shares of the Company to 2815 holders of 2267112 Equity Shares in electronic mode with Central Depository Services (India) Ltd of said IFGL. Please refer attached letter for further details. (As Per BSE Announcement Dated on 18.09.2017)