Action(s) initiated or orders passed

INDIAN METALS & FERRO ALLOYS LIMITED imfa IMFA Building 22nd September 2026 Bhubaneswar -751010 Odisha, India Corporate Identity No. The Listing Department I T he Deputy General Manager L27101ORl961PLC000428 National Stock Exchange of India Ltd. (Corporate Services) TEL +91 674 2611000 Exchange Plaza BSE Limited +91 674 2580100 Plot No. C/1, G. Block Floor 25, P.J. Towers FAX +91 674 2580020 +91 674 2580145 Bandra-Kurla Complex Dalal Street, Fort Bandra (E) Mumbai-400001 mail@imfa.in Mumbai-400051 Stock Code : 533047 Stock Symbol & Series: IMFA, EQ www.imfa.in Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, This disclosure is made as per the requirement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company has received an order of FY 22-23 which was received today from Assessment Unit, Income tax Department, demanding a penalty amount of Rs 38.98 Lacs as per section 270A of the Income-tax Act, 1961 against a higher capital gain tax computed by the Assessing Officer for a sale of an immoveable property. The Company is contemplating an appeal against the said order before the appropriate appellate authority. Further details on the above-mentioned Order are enclosed as Annexure. You are requested to take the same on record. Thanking you Yours faithfully For IND N METALS & FERRO ALLOYS LTD ANJAN RAY) SECRETARY & COMPLIANCE OFFICER Membership No: F4001 Encl: as above INDIAN METALS & FERRO ALLOYS LIMITED imfa IMFA Building Annexure Bhubaneswar -751010 Odisha, India SN Particulars Details Corporate Identity No. L27101ORl961PLC000428 TEL +91 674 2611000 +915742580100 1 Name of Authority Assessment Unit, Income tax FAX +91 674 2580020 Department +91 674 2580145 mail@imfa.in 2 Nature and details of the action(s) Penalty levied u/s 270A of the taken, initiated or order(s) passed Income tax Act, 1961. www.imfa.in 3 Date of receipt of direction or Date: 22.09.2026 order, including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violations / An order of FY 22-23 which was contravention committed or alleged received today from Assessment to be committed Unit, Income tax Department, demanding a penalty amount of Rs 38.98 Lacs as per section 270A of the Income-tax Act, 1961 against a higher capital gain tax computed by the Assessing Officer for a sale of an immoveable property. 5 Impact on financial, operation or There is no material impact on other activities of the listed entity, financial, operation or other quantifiable in monetary terms to activities of the Company from this the extent possible order. The Company is contemplating an appeal against the said order before the appropriate appellate authority.