IFGL Refractories Postal Ballot: Mihir Bajoria MD Appointment

IFGL Refractories Ltd issued a Postal Ballot Notice dated 30th March 2026 seeking shareholder approval via Special Resolution for appointment of Mr. Mihir Prakash Bajoria as Managing Director.
Mr. Bajoria (DIN: 09346426), son of Executive Chairman Mr. Shishir Kumar Bajoria, is proposed as MD for 3 years from 1st March 2026 to 28th February 2029 at a monthly basic salary of Rs 21,66,000.
Remote e-voting via NSDL is open from 9 AM on 3rd April 2026 to 5 PM on 2nd May 2026, with results to be declared on or before 5th May 2026.
Company's standalone FY2024-25 financials show total income of Rs 1,01,386 lakhs and PAT of Rs 5,760 lakhs; consolidated total income at Rs 1,67,044 lakhs with PAT of Rs 4,298 lakhs.