Indian Metals & Ferro Alloys has further prepaid the long term debt of Rs 127.65 crore thereby making the total prepayment of Rs 308.65 crore till date. After payment of normal installments for the quarter ending March 31, 2022, the Company will have miscellaneous loans of Rs 14.28 crore which will be paid as per norms due to adverse prepayment conditions.
Indian Metals and Ferro Alloys (IMFA) incorporated in 1961, is a leading, fully integrated producer of ferro chrome in India.