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2151 January, 2022

National Stock Exchange oflndia Ltd 'Exchange Plaza', C-1,Block-G Bandra - Kurla Complex

Bandra (E), Mumbai 400 051

Code : IFGLEXPOR

Dear Sirs,

O REFRACTORIES LIMITED

Head & Corporate Office

3, Netaji Subhas Road, Kolkata - 700 001, India Phone: +91 33 40106100, Fax: +91 33 22430886 E-mail : ifgl.ho@ifgl.in, Websites : www.ifglref.com

BSE Limited

Phiroze Jeejeebhoy Towers

Dalal Street

Mumbai 400 00 I

Code: 540774

Re: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015

Kindly be informed that the Rating Committee of ICRA Limited (ICRA) has reaffirmed Credit Rating assigned to Rs. 173.00 crores Bank Facilities of the Company. In this connection, extract from JCRA's e.mail dated 20111 Janua1y, 2022 addressed to the Company is reproduced below, which is self-explanatory.

"Based on a review ofthe latest developments, the Rating Committee ofICRA, after due

consideration has reaffirmed the long-term and

short-term Rating at [ICRA]AA­

(pronounced ICRA Double A Minus) and

[ICRA)Al+ (pronounced ICRA A One Plus)

("Rating") to the Rs. 173 crore Bank

Facilities

ofIFGL Refractories Limited. The

outlook on the long-term rating is Stable."

Aforesaid disclosure is being made following Regulation

30 of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 for information ofall concerned.

Thanking you,

Yours faithfully,

For IFGL Refractories Ltd.,

$M

(RA:garwal) Company Secretary

Registered Office & Kalunga Works

==iiiiiiii:��====-

P.O. Kalunga - 770 031, Dist. Sundergarh, Odisha, India

Sector 'B', Kalunga Industrial Estate

MONQCON

h ofman n

Phone: +91 661 2660195, Fax: +91 661 2660173

)((Cc=rRrniC

E-mail : ifgl.works@ifgl.in, CIN: L51909OR2007PLC027954

GMBH

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IFGL Refractories Ltd. published this content on 21 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2022 06:41:09 UTC.