Nilachal Refractories Ltd (NILACHAL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Nilachal Refractories Ltd on NSE and BSE, with an AI summary of each filing.
Voting Results and scrutinizers Report of 49th Annual General Meeting held on 26.09.2026.
Annual General Meeting · 28 Sept 2026, 7:04 pm
Summary of the Proceeding of the 49th Annual General Meeting (AGM) of the Company held on 26.09.2026.
Annual General Meeting · 26 Sept 2026, 7:23 pm
Record date of E-voting is 19th September, 2026 for AGM to be held on 26.09.2026.
Others · 04 Sept 2026, 1:46 am
49th Annual Report of the company for the FY 2025-26.
Others (Uncategorized) · 03 Sept 2026, 10:53 pm
49th AGM of the Company to be held on 26th September, 2026.
Annual General Meeting · 03 Sept 2026, 10:28 pm
Resignation of Independent Director
Change in Management · 01 Sept 2026, 1:14 am
Nilachal Refractories: Two Independent Directors Resign on Term Completion Nilachal Refractories announced the resignation of two Independent Directors, Mrs. Bindu Jain (DIN: 07159504) and Mr. Sundaresan Radhakrishnan (DIN: 00009818), effective 31st Aug'26. Both directors tendered their resignations following the completion of their tenure with the company. This change in board composition is a key governance update for investors to note.
Resignation of Independent Director
Change in Management · 31 Aug 2026, 11:28 pm
Nilachal Refractories Independent Directors Resign Upon Term Completion Nilachal Refractories (BSE: 502294) announced the resignation of two Independent Directors, Mrs. Bindu Jain (DIN: 07159504) and Mr. Sundaresan Radhakrishnan (DIN: 00009818), effective 31st Aug'26. The cessations are due to the completion of their respective tenures on the board. This change in board composition is a key governance event for the company. The company has filed the required notices with the exchanges, including the resignation letters from the outgoing directors.
Outcome of Board meeting dated 25.08.2026
Outcome · 25 Aug 2026, 6:06 pm
Nilachal Refractories Board Approves Director Appointments and AGM Details Nilachal Refractories' board, on 25th Aug'26, approved its 49th AGM for 26th Sep'26 via video conference. Key approvals include the appointment of Mr. Bijay Kumar and Ms. Priyanka Poddar as Non-Executive Independent Directors, with Ms. Poddar's term running for five years until 24th Aug'31. The board also approved the continuation of Mr. Pradip Kumar Mohapatra as a Non-Executive Independent Director until 24th Sep'28. The record date is set for 19th Sep'26, with the book closure period from 19th Sep'26 to 26th Sep'26.
Nilachal Refractories Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/08/2026 ,inter alia, to consider and approve Notice and date of convening ....
Intimation · 20 Aug 2026, 9:44 pm
Considered and approved the unaudited financial Results of the Company for the quarter ended 30.06.2026
Financial Result · 15 Aug 2026, 1:47 am
Nilachal Refractories: Q1FY27 Loss Widens Amidst Discontinued Operations & Auditor Concerns Nilachal Refractories reported a net loss of ₹313.84 lakhs for Q1FY27 (quarter ended 30 Jun'26), a significant increase from a loss of ₹42.10 lakhs YoY. The results were impacted by a ₹277.66 lakh pre-tax loss from discontinued manufacturing operations, including a ₹183.62 lakh write-down on assets held for sale. Auditors highlighted a material uncertainty regarding its going concern status, dependent on its new ferro-alloys business plan. They also noted non-provision for cumulative preference dividends of ₹75.44 lakhs and unquantified employee benefit obligations.
to considered and approved the unaudited Financial Results of the Company for the Quarter ended as on June 30, 2026.
Outcome · 15 Aug 2026, 1:32 am
Nilachal Refractories Reports Wider Q1 Loss Amid Discontinued Operations & Auditor Concerns Nilachal Refractories reported a wider net loss of ₹313.84 lakhs for Q1 ended 30 Jun'26, compared to a loss of ₹42.10 lakhs YoY. The results reflect manufacturing operations being classified as discontinued, leading to a loss on remeasurement of assets held for sale of ₹183.62 lakhs. Auditors highlighted material uncertainties, including non-provisioning for cumulative preference dividends of ₹75.44 lakhs and an unquantified impact from un-audited employee benefit obligations. A material uncertainty regarding the company's ability to continue as a going concern was also noted.
the unaudited financial results of the company for the quarter ended as on 30.06.2026.
Intimation · 29 Jun 2026, 5:30 am
Nilachal Refractories Board to Approve Q1FY27 Results on 14th Aug'26 Nilachal Refractories Ltd. (BSE: 502294) has scheduled a Board of Directors meeting for 04:00 PM on 14th Aug'26. The primary agenda is the consideration and approval of the unaudited financial results for the first quarter ending on 30th Jun'26. The meeting will take place in Kolkata. Other matters may be discussed with the Chair's permission.
Scrutinizer''s report of Extra Ordinary General Meeting held on 04.08.2026
Extra Ordinary General Meeting · 05 Aug 2026, 10:56 pm
Nilachal Refractories EGM: Shareholders Approve Movable Fixed Asset Sale At its Extra-Ordinary General Meeting on 4th Aug'26, Nilachal Refractories shareholders passed a special resolution approving the sale, transfer, or disposal of movable fixed assets. The resolution received 100% of valid votes in favor, representing 96.70% of the company's total share capital. Voting was conducted via remote e-voting and physical polling paper. There were no votes cast against the resolution. The scrutinizer's report confirmed the results on 4th Aug'26.
Outcome of EGM
Extra Ordinary General Meeting · 04 Aug 2026, 5:53 pm
Nilachal Refractories Holds EGM for Disposal of Movable Fixed Assets Nilachal Refractories held an Extra-Ordinary General Meeting on 04th Aug'26 to transact a special resolution seeking approval for the sale, transfer, or disposal of its movable fixed assets under Section 180(1)(a) of the Companies Act, 2013. The meeting provided remote e-voting facilities from 01st Aug'26 to 03rd Aug'26, alongside polling at the venue. Consolidated voting results, subject to the scrutinizer's report, will be submitted to the BSE and CSE and are deemed passed effective 04th Aug'26 pending a majority vote.
Extra-Ordinary General Meeting to be held on 04/08/2026.
Extra Ordinary General Meeting · 28 Jul 2026, 11:01 pm
Nilachal Refractories to Sell Movable Assets for Minimum ₹5 Crore Nilachal Refractories (BSE: 502294) has called an Extra-Ordinary General Meeting on 04 Aug'26 to seek shareholder approval for the slump sale of its movable fixed assets. The assets, including idle plant and machinery, will be sold to DEOL ENGINEERS LLP for an aggregate consideration of not less than ₹5 crore. The company's manufacturing operations have been non-operational for a considerable period. Proceeds from this sale will be used to repay liabilities, strengthen working capital, and pursue future business opportunities.
Outcome of Board meeting dated 22.07.2026
Outcome · 22 Jul 2026, 6:23 pm
Nilachal Refractories Board Approves Disposal of Undertaking Nilachal Refractories' board, on 22 Jul'26, approved the sale and disposal of movable assets constituting substantially the whole of the company's undertaking. The proposal is subject to shareholder approval, for which an Extra-Ordinary General Meeting (EGM) has been called on 04 Aug'26. The board also approved entering into related party transactions connected with this asset sale, pending necessary approvals. This move signals a significant strategic shift or potential winding down of operations, contingent on the upcoming shareholder vote.
Nilachal Refractories Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve the matters mentioned ....
Intimation · 19 Jul 2026, 9:34 pm
Nilachal Refractories to Consider Monetization of Assets and Undertakings Nilachal Refractories' board will meet on 22 Jul'26 to consider a proposal for the monetization, transfer, or disposal of company assets, properties, and business undertakings, either in whole or in part. The agenda includes evaluating various transaction structures like a Business Transfer Agreement (BTA) or slump sale. Directors will also discuss if the transaction constitutes a disposal of substantially the whole undertaking, which would require shareholder approval via an Extra-Ordinary General Meeting (EGM), potentially convened on shorter notice.
Nilachal Refractories Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve the matters mentioned in the Notice
Intimation · 19 Jul 2026, 9:32 pm
Nilachal Refractories Board to Consider Asset Monetization and Divestment Nilachal Refractories' Board of Directors will meet on 22 Jul'26 to consider a proposal for the monetization, transfer, or disposal of company assets and business undertakings. Key agenda items include approving the transaction structure, which could involve a slump sale, asset sale, or Business Transfer Agreement. The Board will also evaluate if the disposal constitutes a substantial part of the company's undertaking, requiring shareholder approval via an Extra-Ordinary General Meeting (EGM). The notice and schedule for the EGM will also be considered.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Minicraft Enterprise Pvt Ltd
Acquisition/ Disposal of Shares · 18 Jun 2026, 8:31 pm
Nilachal Refractories Promoter Entity Sells Entire 13.81% Stake Promoter group entity Minicraft Enterprise Pvt Ltd sold its entire holding of 2,811,986 shares, constituting 13.81% of Nilachal Refractories' voting capital. The transaction occurred via an off-market sale on 22 Apr'26. Following the sale, Minicraft Enterprise's shareholding in the company reduced to nil from 13.81%. The company's total voting capital post-transaction was not disclosed in this filing, which was submitted to exchanges on 17 Jun'26.
The Exchange has received the re revised disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhagwati Prasad Jalan & Others
Others (Uncategorized) · 05 Jun 2026, 11:05 pm
Promoter Group Increases Stake in Nilachal Refractories via Off-Market Gift Transfer Promoter group entities of Nilachal Refractories Ltd (BSE: 502294) disclosed substantial off-market share acquisitions via gift on 10 Mar, '26. Pankaj Jalan acquired 665,000 shares (3.27%), increasing his holding to 5.07%. Niraj Jalan acquired 150,000 shares (0.74%), raising his stake to 3.88%. Bhagwati Prasad Jalan acquired 165,000 shares (0.81%), taking his holding to 3.51%. The acquisitions represent an inter-se transfer within the promoter group, consolidating their holdings in the company. The filing was re-revised and submitted on 05 Jun, '26.
The Exchange has received the revised disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pankaj Jalan & Others
Others (Uncategorized) · 05 Jun 2026, 9:22 pm
Promoters Increase Stake in Nilachal Refractories via Off-Market Transaction On 10-Mar-23, promoters of Nilachal Refractories Limited acquired shares via an off-market sale. Pankaj Jalan acquired 665,000 shares (3.27%), increasing his stake from 1.80% to 5.07%. Bhagwati Prasad Jalan acquired 165,000 shares (0.81%), raising his stake from 2.70% to 3.51%. Niraj Jalan acquired 150,000 shares (0.74%), increasing his stake from 3.14% to 3.88%. The filings, dated 05-Jun-26, were submitted to rectify previous disclosures under SEBI (SAST) Regulations.
Appointment of Company Secretary
Change in Management · 29 May 2026, 6:00 pm
Nilachal Refractories Appoints New Company Secretary and Compliance Officer Nilachal Refractories' board approved the appointment of Mr. Mukesh Kumar Shaw as Company Secretary and Compliance Officer, effective 01 Jun'26. The appointment was finalized during the board meeting held on 29 May'26. Mr. Shaw is an Associate Member of the ICSI (ACS:80201) and holds a B.Com degree. His prior experience includes working as a Management Trainee with S K Maheshwari & Associates. The company confirmed he has no relationship with any existing directors.
Appointment of Company Secretary
Outcome · 29 May 2026, 5:57 pm
Nilachal Refractories Appoints New Company Secretary and Compliance Officer Nilachal Refractories Ltd. announced the appointment of Mr. Mukesh Kumar Shaw as its new Company Secretary and Compliance Officer, effective from 01 Jun'26. The appointment was approved by the Board of Directors in their meeting on 29 May'26. Mr. Shaw is an Associate Member of the ICSI and holds a B.Com degree. He has prior experience in corporate law and secretarial compliance, having previously worked with S K Maheshwari & Associates. The company confirmed he is not related to any existing director.
The Exchange has received the re-revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vimal Prakash HUF
Acquisition/ Disposal of Shares · 26 May 2026, 6:39 pm
Nilachal Refractories: Promoter Group Entity Disposes Entire Stake in Off-Market Sale Promoter group entity Vimal Prakash HUF sold its entire holding of 3,62,500 shares, representing 1.78% of total equity capital, in an off-market transaction on 22 Apr'26. Following the disposal, Vimal Prakash HUF's stake in Nilachal Refractories Limited is now nil. The company filed this revised disclosure on 25 May'26 to correct a previous error where the seller was incorrectly named as the acquirer. The transaction reduces the promoter group's aggregate holding in the company.
Nilachal Refractories Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve appointment of Company Secretary
Intimation · 26 May 2026, 2:49 am
Nilachal Refractories Board Meeting Scheduled for May 29, 2026 Nilachal Refractories (BSE: 502294) has scheduled a Board of Directors meeting for 29 May'26. The primary agenda item is the consideration and approval of the appointment of a new Company Secretary and Compliance Officer. The meeting will take place at 11:30 AM in Kolkata. Other matters may also be discussed with the permission of the Chair.