Acquisitions17 Oct 2025, 03:38 pm
Indian Metals & Ferro Alloys Ltd Acquires 7.58% Stake in AMPIN ENERGY UTILITY ONE PVT LTD
AI Summary
Indian Metals & Ferro Alloys Ltd (IMFA) has acquired a 7.58% stake in AMPIN ENERGY UTILITY ONE PVT LTD (AEUOPL) through the allotment of 1,23,20,000 Equity Shares of Rs 10/- each. The total consideration for this acquisition is Rs 12.32 crores. This decision is pursuant to a Share Subscription and Shareholder’s Agreement. The allotment was confirmed on 16th October 2025.
Key Highlights
- Indian Metals & Ferro Alloys Ltd acquires 7.58% stake in AMPIN ENERGY UTILITY ONE PVT LTD
- Acquisition through the allotment of 1,23,20,000 Equity Shares of Rs 10/- each
- Total consideration of Rs 12.32 crores
- Allotment confirmed on 16th October 2025
- Pursuant to a Share Subscription and Shareholder’s Agreement