IMFA Board Approves Q3 FY26 Results, Appoints New Director, and Hires Internal Auditors
IMFA's Board approved unaudited financial results for Q3 FY26. Mr. Bijoy Kumar Das retired as Non-Executive Independent Director. Dr. Deepak Kumar Mohanty was appointed as Additional Director for five years. M/s Protiviti India Member Private Limited was appointed as Internal Auditors for FY 2026-27. Board committees were reconstituted.
The appointment of a new director and internal auditors, along with the approval of financial results, are significant corporate actions that can influence investor perception and operational oversight.
The announcement reports on routine board meeting outcomes including financial results, director changes, and auditor appointments. While the financial results are presented, there are no significant positive or negative deviations highlighted to sway the sentiment.
Indian Metals & Ferro Alloys Limited (IMFA) announced the outcome of its Board Meeting held on February 5, 2026. The Board approved the unaudited financial results for the quarter and nine months ended December 31, 2025, along with the Limited Review Report from statutory auditors M/s Walker Chandiok & Co. LLP.
The meeting also noted the retirement of Mr. Bijoy Kumar Das, Non-Executive Independent Director, effective February 8, 2026, upon completion of his second term. Subsequently, Dr. Deepak Kumar Mohanty was appointed as an Additional Director (Independent Director) for a term of five years, subject to shareholder approval. Dr. Mohanty, an economist with extensive experience including a tenure as Chairperson of PFRDA and an Executive Director at RBI, brings significant expertise to the board.
Furthermore, the company appointed M/s Protiviti India Member Private Limited as Internal Auditors for the Financial Year 2026-27. The Board also approved the draft Postal Ballot Notice for the proposed appointment of Ms. Kiran Dhingra as a Non-Executive Independent Director and for the appointment of a Scrutinizer.
Reconstitution of various Board Committees, including Audit, Nomination & Remuneration, Stakeholders Relationship, Corporate Social Responsibility, Risk Management, Finance, and Allotment Committees, was approved, effective February 9, 2026. The financial results indicated revenue from operations of ₹702.83 crore for the quarter and ₹2,063.02 crore for the nine-month period ended December 31, 2025.
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Indian Metals & Ferro Alloys Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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