Indian Metals & Ferro Alloys receives SEBI warning for insider trading

Indian Metals & Ferro Alloys Ltd has received an administrative warning letter from SEBI concerning trading activities by designated middle management personnel between October and December 2023. The trades were found to be in contravention of SEBI (Prohibition of Insider Trading) Regulations 2015. The warning letter was issued to the Company Secretary and Compliance Officer and received on August 4, 2026. The company has taken necessary actions to address SEBI's concerns. The SEBI letter is cautionary and does not impose any fines, penalties, or operational restrictions on the company.