BSEFacor Alloys LtdMediumNegative
Announced Tue, 13 Jan · 17:10 IST

Resignation of Director - Mr. Gaurav Vinod Saraf

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Facor Alloys Ltd has informed BSE that Mr. Gaurav Vinod Saraf (DIN: 00197231) has resigned from the position of Non-Executive Non-Independent Director of the company with immediate effect from January 13, 2026. In his resignation letter, Mr. Saraf cited pre-occupation and other professional commitments as the reason, and confirmed there are no other material reasons behind his exit. He was not identified as a Key Managerial Personnel, and the filing is a routine disclosure under SEBI Listing Regulations. No other directors were mentioned as resigning in this filing.

Likely market impact

This appears to be a routine, voluntary exit with no governance concerns flagged. Shareholders are unlikely to see any material impact on the stock price, though the board will need to fill a non-executive non-independent director vacancy going forward.