Indian Metals & Ferro Alloys Limited has entered into a Joint Development Agreement (JDA) with M/S Adventz Finance Private Limited to develop the property situated at No.44, Chowringhee Road, Kolkata, ("Premises") having a land area of 28,345 square feet and will have a developed area admeasuring 93,539 square feet. The terms and conditions of the JDA are subject to the approval of the Official Trustee, Government of West Bengal.