Nilachal Refractories Ltd

📈 SFAL Boosts Stake in Nilachal Refractories to 62.81%

• SFAL acquired 2,300,000 equity shares in Nilachal Refractories Limited

• Stake increased from 51.52% (10,489,522 shares) to 62.81% (12,789,522 shares)

• Transaction completed on April 23, 2026

• No shares held under encumbrance (pledge/lien) before or after acquisition

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