Indian Metals and Ferro Alloys (IMFA) has received demand notices for alleged excess mining in respect of its Nuasahi and Bangur Chromite Mines amounting to Rs 24.13 crore and is taking appropriate legal advise to determine the future course of action.
The total cumulative demand stands at Rs 122.90 crore taking in conjunction with the earlier notices received in respect of Sukinda and Chingudipal Chromite Mines.
IMFA is a producer of ferro chrome/ferro alloys. The company operates through two segments - Ferro Alloys and Power.
| Company Name | CMP |
|---|---|
| Indian Metal & Ferro | 1546.10 |
| Maithan Alloys | 1022.70 |
| Nava | 727.10 |
| Indsil Hydro Power | 41.76 |
| Shyam Century | 5.82 |
| View more.. | |
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