Foreign promoter Krosaki Harima Corporation, Japan has exited IFGL Refractories by selling its entire personal holding, by way of off-market transaction, for Rs 111.8 crore. Indian promoter Bajoria Financial Services was the buyer.
Revenue of the logistics solutions provider fell about 4 percent YoY to Rs 1,923 crore. This was on the back of lower sales as compared to last year, for both segments EXIM and Domestic.