Company has entered into Power purchase agreement

Strategic Transactions View source PDF Explain this filing

IMFA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹1495.80

prior close

₹1509.90

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.7%-2.4% vs market

Ferro & Silica Manganese peers, median of 7sector-0.7%-0.9% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 0.9 pts less than its Ferro & Silica Manganese peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.5

15m

+0.4

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+0.7-2.4-0.7-0.9

Next day

-2.2+0.7-2.9-0.9-1.3

-3.5+0.0-3.5-0.7-2.7

-5.7-1.1-4.6-2.5-3.2

-2.3+0.0-2.3-0.4-1.9

+0.2+0.3-0.0-0.7+0.9

-0.1+1.1-1.2-0.0-0.1

15d

-3.7+4.9-8.6-2.5-1.3

-12.0+5.3-17.3-7.1-4.9

-8.2+6.9-15.0-7.1-1.0

-7.7+11.9-19.6-1.0-6.7

UpDownMarket · Nifty Microcap 250Sector · Ferro & Silica Manganese peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

IMFA has entered into a 29-year Power Purchase Agreement with EG Urja Strot Private Limited (incorporated March 2025) to source 65 MW hybrid renewable power comprising 81.4 MW solar, 102.6 MW wind, and 25 MWh Battery Energy Storage System. The agreement, structured as a Captive Consumer arrangement under the Electricity Act 2003, will cost Rs 110.18 crore in cash. IMFA will also subscribe to 26% equity in the power producer, with expected completion by June 2027. The transaction is not a related party deal and does not require any governmental approvals.

Likely market impact

This strategic partnership secures long-term renewable energy supply for IMFA's ferro alloy operations, potentially reducing electricity costs and carbon footprint while creating a captive power source.