Nilachal Refractories Ltd

📈 SFAL Acquires Majority Stake in Nilachal Refractories

• SFAL Speciality Alloys Limited acquired 10,489,522 equity shares (51.52% stake) in Nilachal Refractories Limited

• Transaction completed on April 22, 2026

• SFAL is not part of the existing promoter/promoter group

• Nilachal Refractories is listed on BSE Limited and Calcutta Stock Exchange

• Total equity share capital is ₹203,614,500 (20,361,450 shares of ₹10 face value each)