Indian Metals & Ferro Alloys Ltd

IMFA Settles Financial Statement Discrepancy with β‚Ή15 Lakh Fee πŸ’ΌπŸ“„

β€’ IMFA voluntarily filed compounding application for FY 2019-20 & 2020-21 under Companies Act

β€’ Regional Director levied β‚Ή15,00,000 fee on Key Managerial Persons

β€’ Fee imposed due to mismatch in comparative figures in financial statements

β€’ Order passed on April 23, 2026 and received by company on April 27, 2026

β€’ Company has already paid the fee to relevant authority

β€’ No material financial or operational impact on the company