Facor Alloys Ltd

Facor Alloys Sells Assets for ₹47.15 Crore to Address Financial Liabilities 🏭

• Asset sale agreement executed on August 2, 2025 with M/s. Rawmat Mining and Minerals

• Sale price: ₹47.15 crore (47,15,00,000 INR)

• Assets located at Shreeramnagar, Vizianagaram, Andhra Pradesh

• Manufacturing facilities at this location have been shut down since October 31, 2023

• Buyer is not related to Facor's promoter group

• Transaction conducted at arm's length (not a related party transaction)

• Proceeds to address pressing financial liabilities