Indian Metals & Ferro Alloys Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 26, 2021, inter alia, have approved the following:1. Issue of Bonus Shares:Issue of Bonus Equity Shares in the ratio of 1 (One) new Equity Bonus Share of Rs. 10/- each for every 1 (One) existing Equity Shares of Rs. 10/- each held by the shareholders of the Company as on the Record Date, subject to the approval of shareholders of the Company through Postal Ballot and other applicable statutory and regulatory approvals; asmay be required.