Indian Metals & Ferro Alloys Limited (IMFA) has been levied an aggregate compounding fee of ₹33,00,000 by the Regional Director, Eastern Region, Ministry of Corporate Affairs. This order, dated 27th December 2025, pertains to compounding offences under Section 441 of the Companies Act, 2013, for the financial years 2018-19 and 2019-20. The violations included non-disclosure of income from interest on unsecured loans given to a subsidiary in the Directors' Report for FY18-19 and FY19-20, and non-disclosure of particulars of contracts or arrangements with related parties in Form AOC-2 within the Directors' Report for the same financial years. The company had voluntarily filed a compounding application with the Registrar of Companies, Cuttack, on 27th June 2024. The Regional Director heard the application on 16th December 2025. IMFA has confirmed that the payment to the relevant authority has been made. The company stated that these orders have no material impact on its financial, operational, or other activities.