Indian Metals & Ferro Alloys Adverse Business Impact
IMFA terminated its power purchase and share subscription agreements with Ampin Energy. The company will receive a ₹12.32 Crore refund following project delivery delays.
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- ₹12.32 Cr
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35 announcements
IMFA terminated its power purchase and share subscription agreements with Ampin Energy. The company will receive a ₹12.32 Crore refund following project delivery delays.
Indian Metals & Ferro Alloys Ltd submitted its Secretarial Compliance Report for FY2026. The filing confirms regulatory adherence for the year ended March 31, 2026.
Indian Metals & Ferro Alloys Limited received an order levying a ₹0.15 Crore compounding fee on its Key Managerial Personnel. The penalty relates to mismatches in comparative financial statements for FY 2019-20 and FY 2020-21. The company has already made the payment and states there is no material impact on operations.
Indian Metals & Ferro Alloys Limited provided updates on its Kalinganagar Greenfield Ferro Chrome project, with commissioning expected in June and September 2026. A strategic acquisition of four furnaces is now fully operational. The Therubali Ethanol project faces delays due to equipment slippage and geopolitical issues, with expected commissioning now set for July 2026.
Indian Metals & Ferro Alloys Ltd submitted its initial disclosure under the SEBI Large Corporate framework. The company reported outstanding borrowings of ₹297.04 Crore as of March 31, 2026, and confirmed it does not currently fall under the Large Corporate category as per SEBI criteria.