Postal Ballot Notice: Appointment of Independent Director

Compliance 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

+1.4%Reaction day

₹1184.00

prior close

₹1175.60

announcement price

After-mkt

timing

Nifty Microcap 250market-1.6%+3.1% vs market

Ferro & Silica Manganese peers, median of 7sector+1.0%+0.5% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 0.5 pts more 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

+0.7

15m

+0.6

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4-1.6+3.1+1.0+0.5

Next day

-0.1-1.0+0.9+1.5-1.6

-4.6-2.6-2.0+0.1-4.8

-5.2-5.1-0.1-1.6-3.6

-7.5-6.1-1.4-3.2-4.4

-7.9-8.3+0.4-6.8-1.1

-7.7-6.4-1.3-4.3-3.4

15d

—————

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 issued a postal ballot notice seeking shareholder approval for the appointment of Mr Partha Satpathy as Non-Executive Independent Director. Notice published in Business Standard and Pragativadi on 14 October 2026. E-voting runs 14 October to 12 November 2026. Results to be declared on or before 14 November 2026.

Likely market impact

Shareholders can vote electronically on the appointment of a new independent director. Routine governance matter, no material impact on share price expected.