Nilachal Refractories News

Nilachal Refractories Promoters Acquire 5.18% Stake

Niraj Jalan and promoter group acquire 10,55,000 shares (5.18%) in Nilachal Refractories through inter-se transfer, increasing total holding to 13.20% of equity capital.

Nilachal Refractories Board Meet on Jan 24 for Q3 Results

Nilachal Refractories Limited has scheduled a board meeting on January 24, 2026, to consider and approve unaudited financial results for Q3 FY26 ended December 2025.

Nilachal Refractories Reports Net Loss of Rs 96.06 Lakhs with Negative Net Worth of Rs 2,889.97 Lakhs

Nilachal Refractories Limited reported unaudited financial results for the quarter and half year ended September 30, 2025, showing a net loss of Rs 96.06 lakhs and negative net worth of Rs 2,889.97 lakhs. The company faces material uncertainty regarding its ability to continue as a going concern, with total liabilities exceeding total assets, while auditors highlighted multiple compliance issues including unauthorized inter-corporate deposits and overdue preference share redemptions.

Nilachal Refractories Announces Key Leadership Changes and Reports Quarterly Loss

Nilachal Refractories Ltd. announced multiple leadership changes during its board meeting held on August 14, 2025. Mr. Sukomal Kanti Guha resigned as Company Secretary & Compliance Officer effective August 1, 2025, due to personal reasons, and was replaced by Mr. Vijay Kumar Gupta. Additionally, Mr. Dukhabandhu Prusty resigned as CFO, with Mr. Jugal Kumar Sharma appointed as the new CFO, both changes effective August 14, 2025. The company also approved its unaudited standalone financial results for the quarter ended June 30, 2025, reporting a net loss of Rs. 42.10 lakhs. The auditor's review highlighted material uncertainties regarding the company's ability to continue as a going concern, noting that total liabilities exceed total assets, resulting in a negative net worth of Rs. 2,836.01 lakhs.

Nilachal Refractories Schedules Board Meeting to Approve Quarterly Results and Key Management Changes

Nilachal Refractories Limited will hold a Board of Directors meeting on August 14, 2025, to consider and approve unaudited financial results for the quarter ended June 30, 2025. The board will also address significant management changes including recording the resignation of Mr. Sukomal Kanti Guha as Company Secretary & Compliance Officer and considering the appointment of Mr. Vijay Kumar Gupta as his replacement. Additionally, the board will approve the resignation of Mr. Dukhabandhu Prusty as CFO and the appointment of Mr. Jugal Kumar Sharma as the new CFO.