IMFA Acquires Tata Steel’s Kalinganagar Ferro Chrome Plant for INR 6.1 Billion
November 5, 2025
Indian Metals & Ferro Alloys Limited (IMFA), a fully integrated ferro alloys producer headquartered in Bhubaneswar, Odisha, has signed definitive agreements to acquire Tata Steel Limited’s ferro chrome plant in Kalinganagar for a base purchase consideration of INR 6.1 billion. The transaction, which will be financed entirely from internal accruals, is expected to close within […]
