SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian Metals & Ferro Alloys informs about outcome of board meeting

04 Nov 2025 Evaluate
Further to letter dated 30th October 2025 intimating the exchanges about the Board meeting, Indian Metals & Ferro Alloys has informed that the Board of Directors at its meeting held today i.e. Tuesday, 4th November 2025, approved the Asset Transfer Agreement ('ATA') with Tata Steel Limited ('TSL') for the purchase of Ferro Alloys plant of TSL situated at Kalinganagar, Dist: Jajpur, Odisha, subject to the condition’s precedent specified in the ATA. In the context of the above, enclosed the relevant disclosure as Annexure-1 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular dated 11th November, 2024; Approved the unaudited financial results (standalone and consolidated) of the Company for the quarter and half year ended on 30th September 2025, along with the Limited Review Report on the said unaudited financial results from Walker Chandiok & Co LLP, Statutory Auditors of the Company, which are enclosed as Annexure-2. Extract of the aforesaid results will be published in the newspapers in the format prescribed under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Declared an Interim Dividend of Rs 5 per equity share of Rs 10 each for financial year ending 31st March 2026. As intimated vide letter dated 30th October 2025, the record date for reckoning the list of shareholders who shall be entitled to receive the said interim dividend shall be Tuesday, 11th November 2025. The Interim Dividend will be paid to such shareholders on or before Wednesday, 3rd December 2025. The Meeting commenced at 11:30 AM and concluded at 1.25 PM.

The above information is a part of company’s filings submitted to BSE. 

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×