Indian Metals & Ferro Alloys declares interim dividend of ₹5 per share

What happened

Indian Metals & Ferro Alloys (IMFA) told the exchanges on 4 November 2026 at 02:15 PM that its board has declared a interim dividend of ₹5 per equity share.

From the filing: "Indian Metals & Ferro Alloys Limited has informed the Exchange that Board of Directors at its meeting held on November 04, 2026, declared Interim Dividend of Rs. 5 per equity share."

How big is it?

At the latest price of ₹1,138, the ₹5 payout amounts to 0.44% of the share price.

Company snapshot

Indian Metals & Ferro Alloys is a small-cap company in the Metals & Mining sector, with a market value of about ₹6,140 crore.

The stock last traded at ₹1,138, against a 52-week range of ₹1,051.1–₹1,679.9 (32.3% below the high).

Before this filing the shares had moved −6.6% over the month and −25.1% over three months. Average daily turnover over the last 20 sessions was about ₹8.46 crore.

Promoters held 58.69% at the end of Q1 FY27. Foreign institutions owned 3.59% and domestic institutions 0.88%.

What history shows

BCEIE's records show 1 previous dividend filing from the company since May 2026.

Across 10 similar disclosures by other Metals & Mining companies, shares moved +0.6% on average the next day and −2.1% over five days; 50% of them rose the next day.

Market-wide, 980 dividend filings with an impact score of 50 or more saw an average next-day move of +0.0%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

• 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 — TradingView, 23 Oct 2026
• IMFA increases stake in JSW Renew Energy to 26% via second tranche — scanx.trade, 2 Nov 2026

Source

• Exchange filing (PDF)