Facor Alloys
3.26
-0.05(-1.51%)
Market Cap₹63.80 Cr
PE Ratio13.52
Company Performance:
1D-1.51%
1M-0.61%
6M-3.55%
1Y-49.14%
5Y+156.69%
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Latest news about Facor Alloys
Facor Alloys Executes ₹47.15 Crore Asset Sale Agreement Amid Financial Restructuring Aug 02, 2025
Facor Alloys Limited has executed an Asset Transfer Agreement with Rawmat Mining and Minerals, selling assets at its Shreeramnagar facility for ₹47.15 crore. The sale aims to address financial liabilities. The company also received a favorable arbitration award against Rajadhiraj Tirupani Vinayak Natraj Pvt. Ltd., including ₹18.87 crore in conversion charges and additional compensations. These developments are expected to improve Facor Alloys' financial position.