Shareholders meeting

INDIAN METALS & FERRO ALLOYS LIMITED imfa IMFA Build!ng 10th September 2026 Bhubaneswar -751010 Odisha, India The Listing Department The Deputy General Manager Corporate Identity No. National Stock Exchange of India Ltd. ( Corporate Services) L27101ORl961PLC000428 Exchange Plaza BSE Limited TEL +91 674 2611000 Plot No. C/1, G. Block Floor 25, P.J. Towers +91 674 2580100 Bandra-Kurla Complex Dalal Street, Fort FAX +91 674 2580020 Bandra (E) Mumbai-400001 +91 674 2580145 Mumbai-400051 Stock Code: 533047 mail@imfa.in Stock Symbol & Series: IMFA, EQ www.imfa.in Sub: Certified true copy of summary of proceedings of Postal Ballot in accordance with Regulation 30 of SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015 {"SEBI LODR Regulations") Dear Sir/ Madam, This is further to our letter dated 11th August 2026, submitting the Postal Ballot Notice dated 04th August 2026 to the Members of the Company seeking their approval in relation to the below resolutions to be passed through the mode of Remote E voting only: Sr. Description of the Resolution Type of No. Resolution 1. To approve the appointment of Dr Deepak Kumar Special Mohanty (DIN: 09771960) as a Non-Executive Independent Director of the Company 2. To enhance the payment of commission of Ordinary Independent Directors In this regard, we are attaching herewith summary of the proceedings of the Postal Ballot in accordance with Regulation 30 read with Clause 13 of Para A of Part A of Schedule III of SEBI LODR Regulations. The details of Voting Result on the business transacted through postal ballot in accordance with Regulation 44(3) of SEBI LODR Regulations along with the Scrutinizer's report will be sent in due course. This is for your information and record. Thanking you. Yours faithfully, For Ind· n Metals and Ferro Alloys Limited (Smruti anjan Ray) Campa y Secretary & Compliance Officer Membership No. F 4001 Encl: As above. _., INDIAN METALS & FERRO ALLOYS LIMITED imfa IMFA Building Bhubaneswar -751010 CERTIFIED TRUE COPY OF THE SUMMARY OF PROCEEDINGS OF THE Odisha, India RESOLUTION PASSED BY MEMBERS OF INDIAN METALS AND FERRO ALLOYS LIMITED ("THE COMPANY") HELD ON THURSDAY, THE 10TH Corporate Identity No. L27101ORl961PLC000428 SEPTEMBER 2026 BY WAY OF POSTAL BALLOT PURSUANT TO SECTION 110 OF THE COMPANIES ACT, 2013 ("THE ACT") READ WITH THE TEL +91 674 2611000 COMPANIES (MANAGEMENT AND ADMINISTRATION) RULES, 2014 +91 674 2580100 FAX +916742580020 ("THE RULES") ------------------------------------------------------------------------------------------ +91 674 2580145 mail@imfa.in Pursuant to the provisions of Sections 108 and 110 of the Companies Act www.imfa.in 2013, (the "Act"), read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (the "Rules"), and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the "Listing Regulations"), Secretarial Standards on General Meetings issued by the Institute of Company Secretaries of India (SS-2) read with General Circular No. 14/2020 dated 8th April, 2020, General Circular No. 17/ 2020 dated 13th April, 2020, General Circular No. 22/2020 dated 15th June, 2020, General Circular No. 33/2020 dated 28th September, 2020, General Circular No. 39/2020 dated 31st December, 2020, General Circular No. 10/2021 dated 23rd June, 2021, General Circular No. 20/2021 dated 8th December, 2021, General Circular No. 03/2022 dated 5th May, 2022, General Circular No. 11/2022 dated 28th December, 2022 , General Circular No. 09/2023 dated 25th September, 2023, General Circular No.9/2024 dated September 19, 2024 and General Circular No.03/2025 dated September 22, 2025 of Ministry of Corporate Affairs (collectively referred to as 'MCA Circulars') and all other applicable provisions framed under the Act, including any statutory modification(s) or re-enactment(s) thereof for the time being in force and other applicable provisions, if any, that the Company is seeking consent of the Members of the Company by means of Postal Ballot, to the resolutions appended below, proposed to be passed through Postal ballot by voting through electronic means only (remote e-voting). The dispatch of the said notice was completed on 11th August 2026 and advertisement in this regard was published on 12th August 2026 in the newspapers. The remote e voting period commenced on Wednesday, 12th August, 2026 at 9:00 A.M. IST and ended on Thursday, 10th September, 2026 at 5:00 P.M. IST. For this purpose, the Company has appointed NSDL for facilitating remote e-voting to its Shareholders to enable them to cast their votes electronically instead of exercising their votes by physical postal ballot forms. The members were informed that the remote e-voting would not be allowed beyond the aforesaid date and time and the e-voting module was disabled upon expiry of aforesaid period. CA Sourjya Prakash Mahapatra, an independent practicing Chartered Accountant was appointed as the Scrutinizer for conducting the postal ballot process in a fair and transparent manner by the Board of Directors of the Company. Accordingly, based on the Scrutinizer's Report dated 10th September 2026, the following resolutions as set out in Item No. 1 and 2 of the Notice of Postal Ballot were declared as passed with requisite majority as Special and Ordinary resolutions on 10th September 2026: F di Mt or In an. ea1 s (Smruti R njan Ray) Company Secretary & Compliance Officer INDIAN METALS & FERRO ALLOYS LIMITED imfa !MFA Building Bhubaneswar-751010 ITEM NO.1 APPOINTMENT OF DR DEEPAK KUMAR MOHANTY (DIN: Odisha, India 09771960) AS AN INDEPENDENT DIRECTOR OF THE COMPANY (SPECIAL RESOLUTION): Corporate Identity No. L27101ORl961PLC000428 TEL "RESOLVED THAT pursuant to the provisions of Section 149, 150, 152 read 9 6742611000 :9~ 6742580100 with Schedule IV and other applicable provisions of the Companies Act, 2013 FAX +916742580020 ("the Act") and the Companies (Appointment and Qualifications of Directors) 91674 2580145 + Rules, 2014, (including any statutory modification(s) or re-enactment(s) mail@imfa.in thereof for the time being in force) and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 www.imfa.in ('Listing Regulations'), Dr Deepak Kumar Mohanty (DIN: 09771960) who was appointed as an Additional Director in the capacity of Non-Executive Independent Director of the Company w.e.f. 30th June, 2026 has submitted a declaration that he meets the criteria for independence as provided under Section 149(6) of the A~t and Regulation 16(1) (b) of the Listing Regulations, and in respect of whom the Company has received a notice in writing in terms of Section 160(1) of the Act, be and is hereby, appointed as Non-Executive Independent Director of the Company, not liable to retire by rotation, to hold office for a period of 5 (five) consecutive years effective from 30th June, 2026. RESOLVED FURTHER THAT any one of the Directors or the Chief Financial Officer or the Company Secretary be and are hereby severally authorized to do all such acts, deeds, things as may be necessary to implement this resolution." ITEM NO.2 ENHANCEMENT OF THE PAYMENT OF COMMISSION TO INDEPENDENT DIRECTORS (ORDINARY RESOLUTION): "RESOLVED THAT in supersession of earlier resolution passed at the 62nd Annual General Meeting of the Company held on 31st July 2024 in respect of payment of commission to Non Executive Independent Directors, and pursuant to the provisions of Section 197 and other applicable provisions, if any, of the Companies Act, 2013, approval of the Members be and is hereby accorded for enhancement in payment of commission to the Non-Executive Independent Directors of the Company of a sum not exceeding 0.5% • per annum of the net profits of the Company, calculated in accordance with the provisions of Section 198 of the Act, subject to a maximum of zl,50,00,000 (Rupees One Crore Fifty [Showing first 8,000 characters — download PDF for full document]