Memorandum of Understanding

Core Business DivestedStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹3.50

prior close

₹3.52

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.8% vs market

Ferro & Silica Manganese peers, median of 6sector+0.2%-0.5% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.5 pts less than its Ferro & Silica Manganese peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.6

15m

-0.6

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.5-0.8+0.2-0.5

Next day

-2.9+1.0-3.9+1.1-4.0

-0.6+1.0-1.5-0.2-0.4

-0.6+2.4-2.9+1.1-1.6

+0.0+3.1-3.1+1.9-1.9

-0.6+3.6-4.1+0.4-1.0

-2.9+1.7-4.5-1.2-1.6

15d

-2.9+1.8-4.6+0.4-3.3

+3.7+3.6+0.1+11.1-7.4

-6.3+1.0-7.3+2.0-8.3

-7.7+0.5-8.2+0.7-8.5

UpDownMarket · Nifty Microcap 250Sector · Ferro & Silica Manganese peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Facor Alloys Ltd has signed a non-binding Memorandum of Understanding (MoU) on June 3, 2025 with M/s. Rawmat Mining and Minerals, a partnership firm, for the proposed sale of certain assets at its Shreeramnagar plant in Vizianagaram, Andhra Pradesh. The plant has been under shutdown since October 31, 2023, and the sale is aimed at meeting pressing and unavoidable financial liabilities. The buyer will pay ₹10 Crores as an advance, representing 20% of the indicative asset value, with the deal expected to complete within one year of contract award. The transaction is not a related party deal and falls outside any Scheme of Arrangement, requiring shareholders' approval through a postal ballot.

Likely market impact

For shareholders, this signals an attempt by the company to monetize idle manufacturing assets to reduce liabilities rather than a strategic growth move. Since the MoU is non-binding and the plant has been shut down since 2023, the stock price impact may be limited unless the deal converts into a binding agreement with higher valuation.