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IFGL Refractories informs about board meeting proceedings

10 Oct 2024 Evaluate
IFGL Refractories has informed that in the meeting of the Board of Directors of the Company held to-day i.e 10th October 2024, it was resolved that the Company do enter a Joint Venture Agreement in agreed form with Marvels International Group of Seychelles and Marvel Refractories (Anshan) Company of P R China to set up a Joint Venture Company in India with limited liability for setting up green field facility at capital outlay of about Rs 300 crores for manufacture in India.

The above information is a part of company’s filings submitted to BSE.

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