Indian Metals & Ferro Alloys Limited (IMFA) — Related Party Transaction

· NSE 🟡 Notable Neutral
📢 Key Event
IMFA signs 29-year PPA with EG URJA STROT for 65 MW renewable power
🔮 What's Next
June 2027
💡 Investor Takeaway
The deal secures long-term renewable power supply and involves a cash outlay of ₹110.18 crores for a 26% stake.

Indian Metals & Ferro Alloys Limited announced on 25 May 2026 that it entered into a 29-year Power Purchase Agreement with EG URJA STROT PRIVATE LIMITED to secure 65 MW of hybrid renewable power, comprising 81.4 MW solar, 102.6 MW wind, and 25 MWh battery storage, under a captive consumer structure. The target entity, incorporated on 6 March 2025, has no prior financials or turnover. The company will subscribe to 26% of the target's equity capital for a cash consideration of ₹110.18 crores across multiple tranches, aiming for completion by June 2027.

📄 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