Facor Alloys Receives In-Principle Approval for Railway Siding Migration to Gati Shakti Cargo Terminal Policy
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































