IFGL Refractories completes voluntary liquidation of Czech subsidiary

AI Summary

IFGL Refractories Ltd has announced the completion of the voluntary liquidation of its step-down subsidiary, Hofmann Ceramic CZ s.r.o., located in the Czech Republic. The liquidation became effective on July 1, 2026, and the subsidiary's name has been officially deleted from the Commercial Register. As of March 31, 2026, Hofmann Ceramic CZ s.r.o. contributed a turnover of ₹17.16 lacs and a net worth of ₹1.43 lacs, representing 0.00% of IFGL Refractories' consolidated figures. The transaction does not involve related parties and is not considered a slump sale.

Key Highlights

Voluntary liquidation of Hofmann Ceramic CZ s.r.o. is complete.
Subsidiary deleted from Czech Republic's Commercial Register.
Subsidiary contributed negligible turnover and net worth.
Transaction is not a related party transaction.

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IFGL Refractories Ltd

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