Facor Alloys Receives In-Principle Approval for Railway Siding Migration to Gati Shakti Cargo Terminal Policy

1 min read     Updated on 07 May 2026, 12:35 PM
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Facor Alloys Limited received an in-principle approval from the Office of Sr. Divisional Commercial Manager, East Coast Railway, Waltair, dated May 06, 2026, for migrating its existing railway siding under Railway Code – FMP into the Gati Shakti Cargo Terminal (GCT) Policy framework. The approval is conditional upon compliance with prescribed Railway standards, applicable guidelines, and requisite approvals. The development was disclosed to BSE Limited on May 07, 2026, by Company Secretary & Compliance Officer Sachin Kumar Gupta, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Facor Alloys Limited has received an in-principle approval for the migration of its existing railway siding into the Gati Shakti Cargo Terminal (GCT) Policy framework. The company disclosed this development to BSE Limited on May 07, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Approval from East Coast Railway

The approval was communicated through a letter dated May 06, 2026, from the Office of Sr. Divisional Commercial Manager, East Coast Railway, Waltair. The in-principle approval covers the migration of the company's existing railway siding, currently operating under Railway Code – FMP, into the Gati Shakti Cargo Terminal (GCT) Policy framework.

The key details of the approval are outlined below:

Parameter: Details
Approval Type: In-Principle Approval
Approving Authority: Office of Sr. Divisional Commercial Manager, East Coast Railway, Waltair
Communication Date: May 06, 2026
Existing Railway Code: FMP
Target Policy Framework: Gati Shakti Cargo Terminal (GCT) Policy
Disclosure Regulation: Regulation 30 of SEBI (LODR) Regulations, 2015

Conditions of Approval

The in-principle approval is subject to the fulfilment of certain conditions before it becomes fully operative. Facor Alloys is required to comply with the following:

  • Prescribed Railway standards as applicable to Gati Shakti Cargo Terminal operations
  • Applicable guidelines governing the GCT Policy framework
  • Requisite approvals from relevant authorities

Regulatory Disclosure

The disclosure was made by Sachin Kumar Gupta, Company Secretary & Compliance Officer (ACS 22874), on behalf of Facor Alloys Limited. The company's corporate office is located at Polyplex Building, Tower-B, Ground Floor, B-37, Sector-1, Noida – 201301, while its registered office and works are situated at Shreeramnagar – 535 101, District Vizianagaram, Andhra Pradesh. The filing was submitted to the Listing Department of BSE Limited in accordance with the company's obligations under the SEBI Listing Regulations.

Historical Stock Returns for Facor Alloys

1 Day5 Days1 Month6 Months1 Year5 Years
+2.79%+2.43%+19.43%-4.84%-16.43%-18.06%

What is the expected timeline for Facor Alloys to fulfill all prescribed conditions and obtain final operational approval under the GCT Policy framework?

How could the migration to the Gati Shakti Cargo Terminal framework impact Facor Alloys' logistics costs and overall supply chain efficiency for its alloy operations?

Will the GCT upgrade enable Facor Alloys to handle higher cargo volumes or attract third-party logistics business, potentially creating a new revenue stream?

Facor Alloys Limited Submits Q4FY26 Compliance Certificate to BSE

1 min read     Updated on 07 Apr 2026, 01:26 PM
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Facor Alloys Limited submitted its Q4FY26 compliance certificate to BSE on 7th April 2026, confirming adherence to SEBI regulation 74(5) for the quarter ended 31st March, 2026. The certificate from registrar Mas Services Limited verified that all dematerialization processes were completed within the required 15-day timeframe, with proper updating of depositories and member registers as mandated by regulatory requirements.

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Facor alloys Limited has submitted its quarterly compliance certificate to BSE Limited for the quarter ended 31st March, 2026. The submission was made on 7th April 2026 by Company Secretary and Compliance Officer Sachin Kumar Gupta, ensuring adherence to regulatory requirements under SEBI depositories regulations.

Regulatory Compliance Certificate

The certificate was issued pursuant to regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Mas Services Limited, serving as the company's Registrar and Share Transfer Agent, provided the compliance confirmation dated 2nd April 2026.

Parameter: Details
Reporting Period: 01/01/2026 to 31/03/2026
Certificate Date: 2nd April 2026
Submission Date: 7th April 2026
Registrar: Mas Services Limited
Compliance Officer: Sachin Kumar Gupta (ACS 22874)

Dematerialization Process Compliance

Mas Services Limited confirmed that all securities received from Depository Participants for dematerialization during the quarter were processed within regulatory timelines. The registrar verified that securities received for dematerialization were confirmed to depositories within 15 days of receipt from participants.

The compliance certificate outlined key procedural adherences:

  • Security certificates received for dematerialization were properly mutilated and cancelled after verification
  • Depository names were substituted in the register of members as registered owners within 15 days
  • Updates were communicated to depositories and stock exchanges within the stipulated timeframe
  • Register of members was updated accordingly

Corporate Information

Facor Alloys Limited operates with its registered office and works located at Shreeramnagar-535 101, District Vizianagaram, Andhra Pradesh. The company maintains its corporate office at Polyplex Building, Tower-B, Ground Floor, B-37, Sector-1, Noida. The submission demonstrates the company's commitment to maintaining regulatory compliance and transparent reporting practices as required by SEBI regulations.

Historical Stock Returns for Facor Alloys

1 Day5 Days1 Month6 Months1 Year5 Years
+2.79%+2.43%+19.43%-4.84%-16.43%-18.06%

Will Facor Alloys' consistent regulatory compliance improve its ESG ratings and attract institutional investors in the coming quarters?

How might the company's smooth dematerialization process impact its share liquidity and trading volumes on BSE?

Could Facor Alloys' operational presence in Andhra Pradesh benefit from upcoming government infrastructure projects in the region?

More News on Facor Alloys

1 Year Returns:-16.43%