Indian Metals & Ferro Alloys has informed that on March 18th, 2024 evening Utkal Coal (Subsidiary Company) has received Rs 131,52,57,422 from Nominated Authority, Ministry of Coal as part compensation towards land for Utkal 'C' Coal Block, consequent upon the issuance of Final Compensation order dated December 05th, 2023.
The above information is a part of company’s filings submitted to BSE.