INDIAN METALS & FERRO ALLOYS LTD. - Announcement under Regulation 30 (LODR)-Credit Rating

This is to inform you that ICRA Limited (ICRA) vide its letter dated 10th March, 2023 has reaffirmed the long-term rating at [ICRA]AA-(pronounced ICRA Double A Minus) and the short-term rating at [ICRA]A1+ (pronounced ICRA A One plus). The outlook on the long-term rating has also been reaffirmed at "Stable".