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Indian Metals & Ferro Alloys Ltd.

BSE: 533047 Sector: Metals & Mining
NSE: IMFA ISIN Code: INE919H01018
BSE LIVE 11:00 | 23 Aug 537.40 68.30
(14.56%)
OPEN

474.50

HIGH

539.80

LOW

474.40

NSE 10:45 | 23 Aug 528.00 61.55
(13.20%)
OPEN

472.85

HIGH

534.00

LOW

472.00

OPEN 474.50
PREVIOUS CLOSE 469.10
VOLUME 78658
52-Week high 823.00
52-Week low 161.00
P/E 3.81
Mkt Cap.(Rs cr) 1,450
Buy Price 537.00
Buy Qty 3.00
Sell Price 537.90
Sell Qty 30.00
OPEN 474.50
CLOSE 469.10
VOLUME 78658
52-Week high 823.00
52-Week low 161.00
P/E 3.81
Mkt Cap.(Rs cr) 1,450
Buy Price 537.00
Buy Qty 3.00
Sell Price 537.90
Sell Qty 30.00

Indian Metals & Ferro Alloys Ltd. (IMFA) - Chairman Speech

Company chairman speech

YOUR COMPANY WILL CONTINUE TO WORK FOR THE MARGINALISED SECTIONS OF SOCIETY THROUGH THEBANSIDHAR AND ILA PANDA FOUNDATION THROUGH WHICH WE DRIVE SEVERAL PROGRAMMES ON EDUCATIONHEALTH LIVELIHOOD WATER & SANITATION.

Dear Shareholder

In my message last year I had spoken about industry challenges and mentioned thatIMFA'S core strength of being a fully integrated producer will stand us in good stead. Istand vindicated as we have performed remarkably well during the year under review and infact come out stronger on the back of a strong pick-up in both demand and prices of ferrochrome. While the volatility is a matter of concern I may point out that we have usedevery such opportunity to strengthen our Balance Sheet and put in place the necessarybuilding blocks for the future.

To me the most remarkable aspect of

IMFA are its core values. Integrity the pursuit of excellence teamwork and socialcommitment represent the pillars on which we have built this organisation. We willcontinue to strengthen our core values to build a rich legacy of corporate governance& transparency and create value for all stakeholders.

Along with our business priorities our social commitment also strengthens oursustainability agenda. This is a journey that we undertake with the utmost diligence. YourCompany will continue to work for the marginalised sections of society through theBansidhar and Ila Panda Foundation through which we drive several programmes on educationhealth livelihood water & sanitation.

On behalf of the Board of Directors I express my appreciation for the hard work anddedication of every member of the IMFA family and the support and encouragement of ourstakeholder fraternity.

Best wishes

Bansidhar Panda

Executive Chairman