IFGL Refractories Ltd ( 'the Company'), are pleased to announce that on Friday, 24th February, 2023, the Company's step-downand wholly owned, subsidiary in UK, Monocon International Refractories Ltd, has completed the acquisition of 100% shareholding of SheffieldRefractories Ltd, ('SRL').

Monocon for many years have provided customised design solutions for steel processing applications. We have a multi disciplinary engineering design team based in Doncaster, UK that has mechanical, electrical, hydraulic and pneumatic experience.

You can now follow the developments at Monocon International refractories, live and in real-time on our Monocon Facebook official site - click here to go to the site.

In March 2017, Monocon International Refractories launched their new website.