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 for the sale/disposal of Plant and Machinery at Shreeramnagar, Andhra Pradesh, was passed with nearly 100% votes in favor from promoters and promoter groups, and over 73% support from public non-institutions. Public institutions did not participate in voting. This approval enables the company to proceed with the asset sale, which could impact operational efficiency or capital allocation, reflecting shareholder confidence in the management’s strategic decisions.