Indian Metals & Ferro Alloys Limited has informed the Exchange regarding 'Compensation for Utkal "C" Coal Block'.
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Indian Metals & Ferro Alloys Limited has received Rs. 7 crore as balance compensation for Mine Infrastructure (Rehabilitation & Resettlement assets) related to the Utkal 'C' Coal Mines. The payment was received on 18th July 2025 from the Successful Allottee of the coal block. This is a follow-up to an earlier communication dated 25th December 2024. The amount represents the final settlement of compensation owed for the company's R&R assets at the mine.
This is a positive one-time cash inflow of Rs. 7 crore that strengthens the company's cash position, though the amount is relatively small and unlikely to materially impact the stock price or operations.