Further to our Disclosures dated 10th October, 2024 and 14th October, 2024 regarding the Company entering a Joint Venture Agreement with Marvels International Group Co Ltd of Seychelles and Marvel Refractories (Anshan) Company Limited of P R China to set up a Joint Venture Company in India with limited liability for setting up green field facility at capital outlay of about Rs 300 crores for manufacture in India of Basic Fired Magnesite/ Chrome Bricks for Cement, Glass, Non-Ferrous and Gasification Industries, please be informed that a Public Limited Company by the name 'IFGL - Marvels Refractories Limited (CIN: U23913GJ2024PLC157330) has been incorporated today, 24th December, 2024.