Indian Metals & Ferro Alloys: Allotment of Equity Shares of JSW Renew Energy Twelve Limited
Indian Metals & Ferro Alloys (IMFA) filed a disclosure titled "Allotment of Equity Shares of JSW Renew Energy Twelve Limited". The company is valued at about ₹5,887 crore.
What happened
Indian Metals & Ferro Alloys (IMFA) filed a disclosure with the exchanges on 2 November 2026 at 04:56 PM titled "Allotment of Equity Shares of JSW Renew Energy Twelve Limited".
Company snapshot
Indian Metals & Ferro Alloys is a small-cap company in the Metals & Mining sector, with a market value of about ₹5,887 crore.
The stock last traded at ₹1,091.2, against a 52-week range of ₹1,051.1–₹1,679.9 (35.0% below the high).
Before this filing the shares had moved −9.6% over the month and −24.7% over three months. Average daily turnover over the last 20 sessions was about ₹9.17 crore.
Promoters held 58.69% at the end of Q1 FY27. Foreign institutions owned 3.59% and domestic institutions 0.88%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 642 | 92.3 | 17.1 |
| Q2 FY26 | 719 | 97.5 | 18.07 |
| Q3 FY26 | 703 | 131.5 | 24.33 |
| Q4 FY26 | 763 | 103.2 | 19.13 |
| Q1 FY27 | 960 | 192.3 | 35.65 |
What history shows
BCEIE's records show 2 previous m&a filings from the company since May 2026.
After those filings, the stock fell 1.6% on average the next trading day and was down 2.3% on average after five days (2 filings with price data).
Across 52 similar disclosures by other Metals & Mining companies, shares moved −0.3% on average the next day and −0.4% over five days; 48% of them rose the next day.
Market-wide, 2,237 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 26 May 2026 | M&A | −1.6% | −2.3% |
| 26 May 2026 | M&A | −1.6% | −2.3% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 4 November 2026: Board meeting — Financial Results/Dividend/Other business matters.
- 12 November 2026: Interim Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
- Indian Metals & Ferro Alloys Ltd. Financial Disclosures & Filings
- Indian Metals & Ferro Alloys Share Price - Live NSE: IMFA Stock Price & Chart
- Indian Metals & Ferro Alloys (IMFA.NS) Slips 4% as Stock Retreats From Recent Highs - Low Beta Factor
- Indian Metals & Ferro Alloys Ltd. Estimates – NSE:IMFA
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.