StockWatch
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Ferro & Silica Manganese
Board Meeting27 May 2026, 01:43 pm

IMFA Approves ₹7/Share Dividend, Appoints Partha Satpathy as Director

AI Summary

Indian Metals & Ferro Alloys Ltd (IMFA) approved audited financial results for the quarter and year ended March 31, 2026, recommending a final dividend of ₹7 per equity share. The board also approved the appointment of Mr. Partha Satpathy as an Additional Director (Independent, Non-Executive) and M/s S.S.Sonthalia & Co. as Cost Auditors for FY 2026-27. The meeting, which commenced at 11:45 AM and concluded at 1:30 PM, also saw the approval of the Amended Risk Management Policy.

Key Highlights

  • Approved audited financial results for quarter and year ended March 31, 2026.
  • Recommended final dividend of ₹7 per equity share.
  • Appointed Partha Satpathy as Additional Director (Independent, Non-Executive).
  • Appointed M/s S.S.Sonthalia & Co. as Cost Auditors for FY 2026-27.
  • Approved the Amended Risk Management Policy.