Indian Metals & Ferro Alloys Confirms Non-Large Corporate Status Under SEBI Debt Securities Regulations

Indian Metals & Ferro Alloys Limited has formally communicated to stock exchanges regarding its classification under SEBI's debt securities regulations. The company submitted a compliance letter on 14th April, 2026, clarifying its status under the regulatory framework for fund raising through debt securities.

Regulatory Compliance Communication

The company addressed both major Indian stock exchanges through a formal submission:

Exchange:	Details
National Stock Exchange:	Exchange Plaza, Bandra-Kurla Complex
Stock Symbol:	IMFA, EQ
BSE Limited:	Floor 25, P.J. Towers, Dalal Street Fort
Stock Code:	533047

SEBI Circular Compliance

The submission references two key SEBI circulars governing debt securities issuance by large entities:

SEBI Circular No.SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018
Circular No.SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated 19th October 2023

The company explicitly stated that it does not fall under the Large Corporate category as defined in these regulatory circulars.

Corporate Information

The communication was signed by Smruti Ranjan Ray, Company Secretary & Compliance Officer (Membership No.F 4001). The company operates from IMFA Building, Bhubaneswar - 751010, Odisha, India, with Corporate Identity No. L27101OR1961PLC000428.

This regulatory submission ensures compliance with SEBI's requirements for companies to clarify their status under the debt securities framework, providing transparency to market participants and regulatory authorities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.88%	+14.51%	+31.52%	+35.71%	+154.02%	+552.52%

Indian Metals & Ferro Alloys Limited has successfully completed the full operational restart of its newly acquired Ferro Chrome Plant in Kalinganagar, Odisha, marking a significant milestone in the company's manufacturing expansion. The company has now activated all four furnaces at the facility, completing the phased restart process.

Complete Operational Restart Achieved

Following the initial activation of two furnaces on March 11, 2026, the company has now switched on the remaining two furnaces at the Kalinganagar facility on March 16, 2026. This development completes the full operational restart of the newly acquired ferro chrome manufacturing plant.

Parameter:	Details
Facility Location:	Kalinganagar, Dist: Jajpur, Odisha
Initial Restart Date:	March 11, 2026
Final Restart Date:	March 16, 2026
Total Furnaces:	4
Plant Type:	Ferro Chrome Manufacturing
Status:	Fully Operational

Phased Restart Strategy

The company implemented a strategic phased approach to restart operations at the facility. The initial two furnaces were activated on March 11, 2026, followed by the remaining two furnaces on March 16, 2026. This systematic approach ensures stable operations and optimal performance of the manufacturing facility.

Regulatory Compliance and Communication

Both operational updates were disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The latest disclosure was signed by Smriti Ranjan Ray, Company Secretary & Compliance Officer, ensuring proper regulatory compliance and transparency with stakeholders.

The complete restart of this newly acquired facility represents a major achievement in Indian Metals and Ferro Alloys Limited's operational expansion and manufacturing capacity enhancement in the ferro chrome segment.