Announced Wed, 17 Jun · 18:59 IST
Postal Ballot Notice: Diversification into Logistics Business
General View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.2%1-day move
₹3.57
prior close
₹3.39
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+1.2+1.5+1.2+2.2+1.7+5.9+5.0+0.8+1.4-3.4+2.8——
Up moveDown movePending
AI summary
Facor Alloys is seeking shareholder approval via postal ballot to alter its Object Clause. The change deletes an obsolete BIFR rehabilitation clause and adds new objects to enter the logistics business, including Gati Shakti Cargo Terminals, freight forwarding, warehousing, multimodal logistics parks, and cargo handling, leveraging its existing railway siding. E-voting runs from June 19, 2026 to July 18, 2026. Results to be declared by July 21, 2026.
Likely market impact
Signals a strategic diversification into logistics and infrastructure beyond core ferro alloys. Shareholders should vote by July 18, 2026.