Indian Metals & Ferro Alloys Limited (IMFA) — Announcement

· NSE Neutral
📢 Key Event
IMFA terminates power purchase and shareholder agreements with Ampin Energy
🔄 What Changed
Termination of PPA and SSHA effective May 14, 2026
🔮 What's Next
Binding agreements expected by Q1 FY27
💡 Investor Takeaway
This termination removes a stalled project risk but delays renewable expansion plans.

IMFA terminated its 40MW hybrid renewable power purchase agreement and related shareholder pact with Ampin Energy Utility One Private Limited effective May 14, 2026, citing project delays and approval issues. The company had invested ₹12.32 crores for a 4.36% stake in the power producer, which will refund the amount. IMFA is now in advanced talks to sign new binding agreements with another renewable developer by Q1 FY27.

📄 View Original Announcement (PDF)

About Indian Metals & Ferro Alloys Limited (IMFA)

Metals & Mining · Ferrous Metals · Listed on NSE

Market Cap: ₹7,966.32 Cr P/E: 19.1

View full IMFA stock details →

📡 Get AI alerts when IMFA files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track IMFA — Free

📊 More IMFA filings

See all IMFA filings →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

📡 Get AI alerts when IMFA files new disclosures

Track IMFA filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track IMFA — Free

Free account · 2 AI queries/day