On 18 May 2019
Orient Refractories announced that on 18 May 2019 the Company has completed the formalities with regard to acquisition of the entire paid]up equity share capital of "Intermetal Engineers India" (IEIPL) comprising of 1,597 equity shares of Rs.100/] each to make it a Wholly Owned Subsidiary of the Company.Dr. Vijay Sharma, Director and Parmod Sagar, Managing Director & CEO of the Company have joined the Board of IEIPL as Nominee Directors of Orient Refractories w.e.f. 18 May 2019.
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