Facor Alloys Ltd — Others, 10-07-2025: AGM/EGM

The company has announced the approval of two resolutions through postal ballot voting, with strong shareholder support. Notably, the special resolution to sell or dispose of Plant and Machinery at its Shreeramnagar facility in Andhra Pradesh was passed with nearly 100% votes in favor from promoters and 73% approval from public non-institutions. This move indicates a strategic asset rationalization that could impact operational efficiency or capital allocation. The high participation and approval reflect shareholder confidence in management’s decision to optimize the company’s asset base.