IMFANSEIndian Metals & Ferro Alloys Limited· MetalsMediumNeutral
Announced Fri, 13 Mar · 11:20 IST

Indian Metals & Ferro Alloys Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

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IMFA · price

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

Price reaction · full curve 14 horizons · vs prior close
-5.9%1-day move
₹1262.00
prior close
₹1194.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.6+0.6+0.3-5.9+0.0-0.5-3.2-2.2-4.6+7.0+10.1+16.7+14.2
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AI summary

Indian Metals & Ferro Alloys Limited (IMFA) has announced the results of a postal ballot conducted for the appointment of Ms. Kiran Dhingra (DIN: 00425602) as a Non-Executive Independent Director for a five-year term starting 4th February 2026. The special resolution was passed with overwhelming approval, with 234 members voting in favour (37,573,806 shares, 99.999% of valid votes) and only 13 members voting against (508 shares, 0.001%). Out of 54,802 total shareholders on the record date (6th February 2026), approximately 69.64% of outstanding shares participated in the voting. The scrutinizer, Mr. Sourjya Prakash Mohapatra of R K P Associates, certified the e-voting process as fair and transparent.

Likely market impact

This is a routine governance update — the addition of an independent director strengthens the board composition. The near-unanimous approval signals strong shareholder confidence in the appointment and no material impact on stock price is expected.