Deals18 Jul 2025, 05:49 pm
Indian Metals & Ferro Alloys Ltd Receives Rs. 7 Crore Compensation for Utkal ‘C’ Coal Mines Infrastructure
AI Summary
Indian Metals & Ferro Alloys Ltd has announced receiving Rs. 7,00,00,000/- (Rupees seven crore only) from the Successful Allottee towards balance compensation of Mine Infrastructure (R&R assets) pertaining to Utkal ‘C’ Coal Mines. This compensation was received on 18th July 2025, as per the corporate announcement.
Key Highlights
- Indian Metals & Ferro Alloys Ltd receives compensation of Rs. 7 crore for Utkal ‘C’ Coal Mines infrastructure.
- The compensation was received from the Successful Allottee on 18th July 2025.
- This compensation is for the balance of Mine Infrastructure (R&R assets) pertaining to Utkal ‘C’ Coal Mines.