02-Nov-2026 16:57:28

IMFAAcquisition and merger

IMFA : ACQUIRES 26% STAKE IN JSW REN ENERGY TWELVE FOR RS 25.61 CR

• JRETL allotted the second tranche of 2,56,14,000 equity shares of ₹10 each on 2nd November 2026 • Aggregate consideration for the tranche at ₹25.61 Cr (₹25,61,40,000) • Consequent to the allotment, IMFA's shareholding in JRETL stands at 26% of its paid-up share capital • Allotment follows letters dated September 2025 and November 2025 under the Share Subscription and Shareholder's Agreement

Indian Metals & Ferro Alloys Ltd

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