IFGL Refractories Limited — AGM Information 2021

Jul 21, 2021

Head & Corporate Office

3, Netaji Subhas Road, Kolkata - 700 001, India Phone: +91334 0106100, Fax: +91332243 0886 E-mail : ifgl.ho@ifgl.in, Websites : www.ifglref.com

2!81July, 2021

National Stock Exchange of India Ltd 'Exchange Plaza', C-1, Block-G Bandra - Kurla Complex Bandra (E), Mumbai 400 051 Code : IFGLEXPOR

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001 Code: 540774

Dear Sirs,

Re: Disclosure under Regulation 34 read with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is with reference to the Notice dated 5th June, 2021 (AGM Notice) to the members for convening and holding 14th Annual General Meeting (AGM) of the Company on Saturday, 7th August, 202 I at 11 AM (1ST) through Video Conferencing ( VC)/Other Audio Visual Means (OAVM), soft copy whereof was sent to you vide our letter dated 12th July, 2021.

At Serial No. 3 of said AGM Notice, Members have been proposed to consider and if thought fit and desirable, to pass with or without modification(s), resolution under Section 152 and other applicable provision of the Companies Act, 2013 for re-appointment of Mr Pradeep Bajoria (DIN : 00084031 ), to the extent he is required to retire by rotation at ensuing Annual General Meeting and who being eligible, has offered himself for re-appointment for further period liable to retire by rotation and such re-appointment has been recommended by the Nomination and Remuneration Committee and Board of Directors of the Company.

Mr Pradeep Bajoria (DIN : 00084031) has however passed away on 18th July 2021 in New York (19 July 2021 04:24 IST) due to ill health and same was communicated to you vide our letter dated 19th July, 2021.

Accordingly, based on recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company, it is proposed that below mentioned Ordinary business is considered and transacted by the Members in place of said Ordinary Business at Serial No.3 of AGM Notice and thus Addendum to AGM Notice has been issued .

1. To consider and if thought fit and desirable, to pass with or without modification(s), resolution under Section 152 and other applicable provision of the Companies Act, 2013 for re-appointment of Mr Kamal Sarda (DIN: 03 151258), to the extent he is required to retire by rotation at ensuing Annual General Meeting and who being eligible, has offered himself for re-appointment for further period liable to retire by rotation and such re-appointment has been recommended by the Nomination and Remuneration Committee and Board of Directors of the Company.

Copy of Addendum to the AGM Notice is attached herewith. Said Addendum to AGM Notice is in the process of being sent today, i.e. 21stJuly, 202 I by email to all members whose Email ID's are registered with the Company/Depository Participants for communication purposes, all in compliance of relevant Circulars of Ministry of Corporate Affairs. Addendum to AGM Notice has also been hosted on company's website www.ifglref.com and being sent to Depositories, National Securities Deposito,y Limited and Central Deposit01y Services Limited

Thanking you,

Yours faithfully,

For IFGL Refr actories Ltd.

RAJESH AGARWAL Digitally signed by RAJESH AGARWAL Date: 2021.07.21 20:17:40 +05'30'

(RAgarwal) Company Secretary

Encl: As above

Formerly known as IFGL EXPORTS LIMITED Registered Office & Kalunga Works : Sector 'B', Ka lung a Industrial Estate P.O. Kalunga • 770 031, Dist. Sundergarh, Odisha, India Phone: +91 661 2660195, Fax: +91 661 2660173 E-mail: ifgl.works@ifgl.in, CIN: L51909OR2007PLC027954 MONijCON �

Corporate Identification Number (CIN) : L51909OR2007PLC027954

Website : www.ifglref.com

Registered Office : Sector 'B', Kalunga Industrial Estate Head & Corporate Office : McLeod House P.O. Kalunga 770 031, Dist. Sundergarh, Odisha 3, Netaji Subhas Road, Kolkata 700 001 Tel : +91 661 2660195 Fax : +91 661 2660173 Tel : +91 33 40106100 Fax : +91 33 22430886 E-mail : ifgl.works@ifgl.in, investorcomplaints@ifgl.in E-mail : ifgl.ho@ifgl.in

Pratidin - Odiya Newspaper on 14th July 2021.

ADDENDUM TO THE NOTICE OF 14TH ANNUAL GENERAL MEETING

IFGL Refractories Limited (the Company) has issued a Notice dated 5th June 2021 (AGM Notice) for convening and holding 14th Annual General Meeting (AGM) of the Members of the Company on Saturday, 7th August, 2021 at 11 AM through Video Conferencing (VC)/Other Audio Visual Means (OAVM) to transact Ordinary Business and Special Business mentioned therein. Said AGM Notice was sent electronically to the Members, whose E-mail IDs are registered with the Company/Depository Participant and General Notice in respect whereof has also been published in newspapers, Business Standard – All Editions and

At Serial No. 3 of said AGM Notice, Members have been proposed to consider and if thought fit and desirable, to pass with or without modification(s), resolution under Section 152 and other applicable provision of the Companies Act, 2013 for reappointment of Mr Pradeep Bajoria (DIN : 00084031), to the extent he is required to retire by rotation at ensuing Annual General Meeting and who being eligible, has offered himself for re-appointment for further period liable to retire by rotation and such reappointment has been recommended by the Nomination and Remuneration Committee and Board of Directors of the Company.

Mr Pradeep Bajoria (DIN : 00084031) has however passed away on 18th July 2021 in New York (19 July 2021 04:24 IST) due to ill health.

Accordingly, based on recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company, it is proposed that below mentioned Ordinary business is considered and transacted by the Members in place of said Ordinary Business at Serial No.3 of AGM Notice.

Ordinary Business

1. To consider and if thought fit and desirable, to pass with or without modification(s), resolution under Section 152 and other applicable provision of the Companies Act, 2013 for re-appointment of Mr Kamal Sarda (DIN: 03151258), to the extent he is required to retire by rotation at ensuing Annual General Meeting and who being eligible, has offered himself for re-appointment for further period liable to retire by rotation and such re-appointment has been recommended by the Nomination and Remuneration Committee and Board of Directors of the Company.

By Order of the Board For IFGL Refractories Limited Kolkata R Agarwal 21st July 2021 Company Secretary

Notes

• 1. In view of massive outbreak of the COVID-19 pandemic, social distancing is a norm to be followed and following Circular No. 14/2020 dated 8th April 2020, Circular No. 17/2020 dated 13th April 2020, Circular No. 20/2020 dated 5th May 2020 and Circular No 02/2021 dated 13th January 2021 and all other relevant Circulars issued from time to time,by the Ministry of Corporate Affairs, physical attendance of the Members at the AGM venue is not required. Moresoever, AGM will be held through Video Conferencing (VC)/Other Audio Visual Means (OAVM) whereat Members can attend and participate through VC/OAVM.
• 1. Electronic copy of this Addendum to AGM Notice is being sent to all the members whose e-mail IDs are registered with

1

the Company/Depository Participant(s) for communication purposes.

• 1. All documents referred to in this Addendum to AGM Notice shall be made available for inspection through electronic mode on receipt of request by the Company at investorcomplaints@ifgl.in.
• 1. On and from the date hereof, the AGM Notice shall always be read in conjunction with this Addendum which is also being published in Business Standard – All Editions and Pratidin - Odiya Newspaper.
• 1. This addendum to AGM Notice has been uploaded on website www.ifglref.com of the Company in Investor Relations Section. Addendum to AGM Notice can also be accessed from websites of the Stock Exchanges i.e. BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively. This Addendum to AGM Notice is also available on website of NSDL (agency for providing the remote e-voting facility) i.e. www.evoting.nsdl.com.
• 1. Issue of this Addendum to AGM Notice became necessitated because of circumstances beyond control of the Company.
• 1. Brief Resume of Director now retiring by rotation at the AGM and proposed to be re-appointed i.e Mr Kamal Sarda having details such as nature of his expertise in specific functional areas, names of companies in which he hold directorships and memberships/chairmanships of the Board Committees, shareholding and relationships between Directors inter-se required by Regulation 36(3) of the SEBI LODR, 2015 is annexed hereto.
• 1. All the processes, notes and instructions relating to attending AGM through VC/OAVM and e-voting set out for and applicable for the ensuing 14th AGM in AGM Notice shall mutatis-mutandis apply for attending AGM through VC/OAVM and remote e-voting/e-voting on the day of the AGM on the resolution proposed in this Addendum.

Name of the Director	Mr Kamal Sarda
Serial No of the Notice	3
DIN	03151258
Date of Birth	06/02/1963
Expertise in Specific Functional Area	 Has three decades of experience in the field of Finance,Accounts, Commercial and Operations with more than 24years of hands on working experience in RefractoryIndustry.Was Chairman of the Indian Refractory Makers Association(IRMA).Was Chief Operating Officer of erstwhile IFGLRefractories Limited.
Qualification	B.Com (Hons), LLB, FCA
Board Membership of other Companies as on 31st March 2021	Indian Refractory Makers Association
Chairman/MemberoftheCommitteeoftheBoard ofDirectorsoftheCompany as on 31st March 2021	Member in :1. Investment Committee2. Stakeholders Relationship Committee
Chairman/Member of the Committee of Directors ofotherpublicCompanyof which he is Director as on 31st March 2021	None
Shareholding as on 31st March 2021	2000
Relationship between Directors inter-se	None

Brief Resume of Mr Kamal Sarda proposed to be re-appointed at the AGM