Notice of 22nd Annual General Meeting of the Company
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Facor Alloys Limited has issued the notice for its 22nd Annual General Meeting to be held on Monday, 29th September 2025 at 4:00 PM via Video Conferencing (VC/OAVM). The agenda includes adopting the audited standalone and consolidated financial statements for FY 2024-25, and special business items covering the re-appointment of Mr. Murlidhar Durgaprasadji Saraf (promoter, holding 28.5 lakh equity shares) as a non-executive director retiring by rotation. Shareholders will also be asked to ratify the cost auditor's remuneration of Rs. 50,000 for FY 2025-26 and approve the appointment of M/s MT & Co. as Secretarial Auditor for a five-year term from April 2025 to March 2030 at Rs. 45,000 per year. Remote e-voting via NSDL will be open from 26th September (9:00 AM) to 28th September (5:00 PM), with the cut-off date for voting eligibility set at 22nd September 2025.
This is a routine AGM notice with no major operational or financial surprises — the director being re-appointed has waived his sitting fees citing the company's weak financial position, which is a small signal shareholders should note. The appointment of new statutory and secretarial auditors is procedural and should not affect share price.