Indian Metals & Ferro Alloys (IMFA) has secured a 7.58% equity stake in AMPIN ENERGY UTILITY ONE PVT. LTD. (AEUOPL). The company invested Rs 12.32 crore for this first tranche, acquiring 1.23 crore shares.

This strategic investment aims to bolster IMFA's presence in the energy utility sector, crucial for operational efficiency, securing power, or exploring new growth avenues.

The move enhances IMFA's portfolio, reflecting a proactive approach to its long-term energy strategy.