Indian Metals & Ferro Alloys Limited — Important, 12-06-2025: Disclosure of material issue

IMFA has announced a board meeting to discuss the financial results for the quarter and half-year.

The company signed an agreement with AMPIN ENERGY UTILITY ONE PRIVATE LIMITED to secure 40 MW of hybrid renewable power (solar and wind) under a 25-year contract. IMFA will acquire a 16.26% equity stake in AMPIN ENERGY upon milestone completion.

Issue: IMFA needs reliable renewable power to meet growing energy demands while cutting costs and reducing its carbon footprint.

Impact: The long-term renewable power supply and equity stake can help IMFA manage energy expenses better, boost sustainability, and gain strategic influence on power sourcing.

Company’s response: IMFA is locking in captive power compliance and advancing its renewable energy goals by investing in equity and securing a long-term power supply contract.