Indian Metals & Ferro Alloys Ltd has appointed Dr Deepak Kumar Mohanty as an Additional Director in the Non-Executive Independent capacity effective June 30, 2026. The appointment follows the receipt of security clearance from the Office of the Director General of Civil Aviation, Government of India. The tenure is set for five years, subject to the approval of shareholders.

The appointment was made under Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Dr Mohanty is not debarred from holding the office of Director by any Securities and Exchange Board of India order or any other authority.

Dr Deepak Kumar Mohanty brings extensive experience in economic policy and financial regulation. He served as the Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) from March 2023 to May 2025. Prior to that, he was the Whole Time Member at PFRDA and the Chief Economic Advisor at the Federation of Indian Chambers of Commerce and Industry (FICCI).

During his tenure at the Reserve Bank of India (RBI), Dr Mohanty held the position of Executive Director, overseeing enforcement of banking regulation, risk management, internal audit, financial stability, and monetary policy. He also worked as a Senior Adviser at the International Monetary Fund (IMF) and headed the monetary policy department at the RBI. He holds a doctorate and two master's degrees in Economics.

Appointment Details

Indian Metals & Ferro Alloys Ltd has closed its trading window for all directors, key managerial personnel, and designated persons effective from July 1, 2026, until August 6, 2026. This measure is implemented to prevent insider trading ahead of the declaration of the unaudited financial results for the quarter ending June 30, 2026. The closure ensures compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015.

The restriction applies to all individuals with access to unpublished price-sensitive information (UPSI), including connected persons. The company stated that the trading window will remain shut until the financial results are officially declared. The specific date for the board meeting to review and approve the results for the quarter ending June 30, 2026, has not yet been announced and will be communicated in due course.

Key Dates

The notice, signed by Company Secretary & Compliance Officer S R Ray, was addressed to the National Stock Exchange of India Ltd and BSE Limited. The company's stock symbol is IMFA on the NSE and the code is 533047 on the BSE.