AI assistant
Nilachal Refractories Ltd. — Major Shareholding Notification 2026
Apr 29, 2026
63496_rns_2026-04-29_3cd16e52-f2d3-4615-bdc0-09ffd25da425.pdf
Major Shareholding Notification
Open in viewerOpens in your device viewer
Bhagwati Prasad Jalan and Sons HUF
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial AcquisitionofShares and Takeovers) Regulations, 2011
==> picture [457 x 621] intentionally omitted <==
----- Start of picture text -----
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number %w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 0.37% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 150000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 150000 0.37%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
0.37% 0
b) VRs acquired /sold otherwise than 150000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 0.37%
150000
----- End of picture text -----*
NIRAJ JALAN
Digitally signed by NIRAJ JALAN Date: 2026.04.24 18:21:38 +05'30'
==> picture [443 x 424] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights 0
acquired 0
b) Shares encumbered with the 0 0
0 0
acquirer
c) VRsotherwisethanbyshares
0
d) Warrants / convertible securities / 0
any other instrument that entitles 0
the acquirer to receive shares 0
carrying voting rights in the TC 0
0
(specify holding in each category)
after acquisition
e) Total(a+b+c+d) 0 0
0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 0.37%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
NIRAJ JALAN
Digitally signed by NIRAJ JALAN Date: 2026.04.24 18:21:08 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Niraj Jalan and Others HUF
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 0.25% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 50000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 50000 0.25%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
0.25% 0
b) VRs acquired /sold otherwise than 50000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 0.25%
50000
----- End of picture text -----*
==> picture [443 x 424] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
0 0
acquired 0 0 0
b) Shares encumbered with the
0
acquirer
c) VRsotherwisethanbyshares
d) Warrants / convertible securities / 0 0 0
any other instrument that entitles
the acquirer to receive shares 0 0
carrying voting rights in the TC 0
(specify holding in each category)
after acquisition
e) Total(a+b+c+d) 0 0 0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 0.25%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 00
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
NIRAJ JALAN
Digitally signed by NIRAJ JALAN Date: 2026.04.24 18:21:51 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
PankajJalan and Others HUF
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 0.37% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 75000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 75000 0.37%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
0.37% 0
b) VRs acquired /sold otherwise than 75000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 0.37%
75000
----- End of picture text -----*
==> picture [443 x 424] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired
b) Shares encumbered with the 0 0 0
acquirer 0 0 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities / 0
any other instrument that entitles 0 0
the acquirer to receive shares
carrying voting rights in the TC 0
0 0
(specify holding in each category)
after acquisition
e) Total(a+b+c+d) 0 0
0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 0.37%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
NIRAJ JALAN
Digitally signed by NIRAJ JALAN Date: 2026.04.24 18:22:03 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Bhagwat Prasad Jalan
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 2.70% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 715584
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 715584 2.70%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
2.70% 0
b) VRs acquired /sold otherwise than 715584 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 2.70%
715584
----- End of picture text -----*
==> picture [443 x 433] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired 0 0
b) Shares encumbered with the 0 0 0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities /
0 0 0
any other instrument that entitles
the acquirer to receive shares
carrying voting rights in the TC 0 0 0
(specify holding in each category)
after acquisition
e) Total(a+b+c+d)
0
0
0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 2.70%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
Digitally signed by NIRAJ NIRAJ JALAN JALAN Date: 2026.04.24 18:22:14 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Aditi Jalan
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 1.18% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 240000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 240000 1.18%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
1.18% 0
b) VRs acquired /sold otherwise than 240000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 1.18%
240000
----- End of picture text -----*
==> picture [443 x 433] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired 0 0
b) Shares encumbered with the 0 0 0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities /
0 0 0
any other instrument that entitles
the acquirer to receive shares
carrying voting rights in the TC 0 0 0
(specify holding in each category)
after acquisition
e) Total(a+b+c+d)
0
0
0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 1.18%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
NIRAJ Digitally signed by NIRAJ JALAN JALAN Date: 2026.04.24 18:22:27 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Nidhi Jalan
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 0.81% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 165000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 165000 0.81%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
0.81% 0
b) VRs acquired /sold otherwise than 165000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 0.81%
165000
----- End of picture text -----*
==> picture [443 x 433] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired 0 0
b) Shares encumbered with the 0 0 0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities /
0 0 0
any other instrument that entitles
the acquirer to receive shares
carrying voting rights in the TC 0 0 0
(specify holding in each category)
after acquisition
e) Total(a+b+c+d)
0
0
0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 0.81%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 00
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
NIRAJ JALAN
Digitally signed by NIRAJ JALAN Date: 2026.04.24 18:22:42 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Pankaj Jalan
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 1.80% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 1032000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 1032000 1.80%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
1.80% 0
b) VRs acquired /sold otherwise than 1032000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 1.80%
1032000
----- End of picture text -----*
==> picture [443 x 433] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired 0 0
b) Shares encumbered with the 0 0 0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities /
0 0 0
any other instrument that entitles
the acquirer to receive shares
carrying voting rights in the TC 0 0 0
(specify holding in each category)
after acquisition
e) Total(a+b+c+d)
0
0
0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 1.80%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
NIRAJ Digitally signed by NIRAJ JALAN JALAN Date: 2026.04.24 18:22:57 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Niraj Jalan
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 3.14% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 790000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 790000 3.14%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
3.14% 0
b) VRs acquired /sold otherwise than 790000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 3.14%
790000
----- End of picture text -----*
==> picture [443 x 433] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired 0 0
b) Shares encumbered with the 0 0 0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities /
0 0 0
any other instrument that entitles
the acquirer to receive shares
carrying voting rights in the TC 0 0 0
(specify holding in each category)
after acquisition
e) Total(a+b+c+d)
0
0
0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 3.14%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
NIRAJ JALAN
Digitally signed by NIRAJ JALAN Date: 2026.04.24 18:23:11 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Parwati Devi Jalan
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 0.69% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 140000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 140000 0.69%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
0.69% 0
b) VRs acquired /sold otherwise than 140000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 0.69%
140000
----- End of picture text -----*
==> picture [443 x 433] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired 0 0
b) Shares encumbered with the 0 0 0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities /
0 0 0
any other instrument that entitles
the acquirer to receive shares
carrying voting rights in the TC 0 0 0
(specify holding in each category)
after acquisition
e) Total(a+b+c+d)
0
0
0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 0.69%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 00
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
Digitally signed by NIRAJ NIRAJ JALAN JALAN Date: 2026.04.24 18:23:44 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Ishika Jalan
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 0.22% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 44000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 44000 0.22%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
0.22% 0
b) VRs acquired /sold otherwise than 44000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 0.22%
44000
----- End of picture text -----*
==> picture [443 x 424] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired
0
b) Shares encumbered with the 0 0
0
0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities / 0
any other instrument that entitles 0
0
the acquirer to receive shares
carrying voting rights in the TC 0
0
(specify holding in each category) 0
after acquisition
e) Total(a+b+c+d) 0 0 0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 0.22%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 00
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
NIRAJ Digitally signed by NIRAJ JALAN JALAN Date: 2026.04.24 18:24:02 +05'30'
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Aarav Jalan
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStock Exchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 0.22% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 44000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 44000 0.22%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
0.22% 0
b) VRs acquired /sold otherwise than 44000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 0.22%
44000
----- End of picture text -----*
==> picture [443 x 433] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired
0
b) Shares encumbered with the 0 0 0
acquirer 0 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities /
0 0
any other instrument that entitles 0
the acquirer to receive shares
carrying voting rights in the TC 0 0
(specify holding in each category) 0
after acquisition
e) Total(a+b+c+d)
0 0 0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 0.22%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Ganpati Industrial Pvt Ltd
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial AcquisitionofShares and Takeovers) Regulations, 2011
==> picture [457 x 621] intentionally omitted <==
----- Start of picture text -----
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStockExchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number %w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 2.46% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 500000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 500000 2.46%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
2.46% 0
b) VRs acquired /sold otherwise than 500000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 2.46%
500000
----- End of picture text -----*
==> picture [443 x 424] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired
0
b) Shares encumbered with the 0 0
0
0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities / 0
any other instrument that entitles 0
0
the acquirer to receive shares
carrying voting rights in the TC 0
0
(specify holding in each category) 0
after acquisition
e) Total(a+b+c+d) 0 0 0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 2.46%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Pushpak Dealcom Private Limited
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStockExchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 1.47% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 300000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 300000 1.47%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
1.47% 0
b) VRs acquired /sold otherwise than 300000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 1.47%
300000
----- End of picture text -----*
==> picture [443 x 424] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired
0
b) Shares encumbered with the 0 0
0
0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities / 0
any other instrument that entitles 0
0
the acquirer to receive shares
carrying voting rights in the TC 0
0
(specify holding in each category) 0
after acquisition
e) Total(a+b+c+d) 0 0 0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 1.47%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Seasons Trading And Investments Pvt Ltd
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStockExchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 7.37% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 1500000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 1500000 7.37%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
7.37% 0
b) VRs acquired /sold otherwise than 1500000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 7.37%
1500000
----- End of picture text -----*
==> picture [443 x 418] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired
b) Shares encumbered with the 0 0 0
0
acquirer 0 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities /
any other instrument that entitles 0 0 0
the acquirer to receive shares
carrying voting rights in the TC 0
0 0
(specify holding in each category)
after acquisition
0
0
e) Total(a+b+c+d) 0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 23.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 7.37%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Likewise Properties LLP
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStockExchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 1.35% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 275000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 275000 1.35%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
1.35% 0
b) VRs acquired /sold otherwise than 275000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 1.35%
275000
----- End of picture text -----*
==> picture [443 x 424] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired
0
b) Shares encumbered with the 0 0 0
acquirer 0 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities / 0
any other instrument that entitles
0 0
the acquirer to receive shares
carrying voting rights in the TC 0
(specify holding in each category) 0 0
after acquisition
e) Total(a+b+c+d) 0 0 0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 23.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 1.35%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
Jekay International Track Pvt Ltd
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStockExchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 2.46% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 500000
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 500000 2.46%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
2.46% 0
b) VRs acquired /sold otherwise than 500000 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 2.46%
500000
----- End of picture text -----*
==> picture [443 x 424] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired
0
b) Shares encumbered with the 0 0
0
0
acquirer 0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities / 0
any other instrument that entitles 0 0
the acquirer to receive shares
carrying voting rights in the TC 0
0
(specify holding in each category) 0
after acquisition
e) Total(a+b+c+d) 0
0 0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 2.46%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.
Signatureoftheacquirer/seller I Authorised Signatory
Place: Kolkata
Date:24.04.2026
P P Suppliers And Agencies Private Limited
==> picture [457 x 637] intentionally omitted <==
----- Start of picture text -----
Formatfordisclosures underRegulation29(2)ofSEBI(Substantial
I NameoftheTargetCompany(TC) AcquisitionofShares and Takeovers) Regulations, 2011 Nilachal Refractories Limited
Name(s)oftheacquirerandPersons SFAL SPECIALITY ALLOYS LIMITED
Acting in Concert (PAC) with the
acquirer
.Whether the acquirer belongs toII Yes
Promoter/Promotergroup
I Name(s) oftheStockExchange(s)
wherethesharesofTCareListed !�=========� ----------------------------- '
I Detailsoftheacquisition/disposalas Number % w.r.t.total %w.r.t.total
follows share/voting diluted
capital share/voting
wherever capitalofthe
applicable() TC()
Before the acquisition under
consideration, holding of:
a) Sharescarryingvotingrights 3.28% 0
b) Shares in the nature of 0 0
encumbrance (pledge/ lien/ non- 667879
disposal undertaking/ others) 0
c) Voting rights (VR) otherwise than 0
0
by shares
d) Warrants/convertiblesecurities/any 0
other instrument that entitles the 0 0
acquirer toreceive shares carrying
0
voting rights in the T C (specify
holding in each category)
0
e) Total(a+b+c+d) 667879 3.28%
Detailsofacquisition/sale
a) Shares carrying voting rights
acquired / sold
3.28% 0
b) VRs acquired /sold otherwise than 667879 0 0
by shares 0
c) Warrants/convertiblesecurities/any
other instrument that entitles the 0
0
acquirer toreceive shares carrying
voting rights in the TC (specify 0
holding in each category) 0 0
acquired/sold 0
d) Shares encumbered / invoked /
released by the acquirer
0
e) Total(a+b+c+/-d) 3.28%
667879
----- End of picture text -----*
==> picture [443 x 433] intentionally omitted <==
----- Start of picture text -----
Aftertheacquisition/sale,holding
of:
a) Shares carrying voting rights
acquired
0
b) Shares encumbered with the 0 0
0
acquirer 0
0
c) VRsotherwisethanbyshares
d) Warrants / convertible securities /
0 0
any other instrument that entitles
the acquirer to receive shares 0
carrying voting rights in the TC 0 0
(specify holding in each category) 0
after acquisition
e) Total(a+b+c+d)
0 0
0
Mode of acquisition / sale (e.g. open Off market
market/ off-market/ public issue/ rights
issue/ preferentialallotment/ inter-se
transferetc).
Dateofacquisition/saleofshares/VR or 22.04.2026
date of receipt of intimation of
allotmentofshares,whicheveris
applicable
Equitysharecapital/totalvotingcapital 3.28%
oftheTCbeforethesaidacquisition/
sale
Equitysharecapital/ totalvoting capital 0
oftheTCafterthesaidacquisition/sale
Totaldilutedshare/votingcapitalofthe 0
TCafterthesaidacquisition
----- End of picture text -----
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35of the listing Agreement.
(**)Dilutedshare/voting capitalmeansthetotalnumberofsharesintheTCassuming fullconversion oftheoutstanding convertible securities/warrantsintoequityshares of the TC.