IFGL Refractories Limited
Aditya Birla Sun Life Mutual Fund, which previously held 1.07 percent of IFGL Refractories Limited, has exited the list of disclosed shareholders, indicating either a complete sale or a reduction to under the 1 percent reporting threshold.
A manufacturer of specialized refractories and operating systems for the iron and steel industry, IFGL Refractories serves major steel producers across India. The company designs and produces high-performance refractory materials engineered to withstand extreme temperatures in steel manufacturing processes. Its focus on technical innovation, customized solutions, and integrated operating systems for industrial clients distinguishes it within the refractories sector.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.