
Board Meeting25 May 2026, 06:51 pm
Facor Alloys Approves Audited FY26 Results, GCT Business
AI Summary
Facor Alloys Ltd's board meeting on May 25, 2026, approved the audited financial results for Q4 and the year ended March 31, 2026. The board also approved altering the Main Objects’ Clause of the Memorandum of Association to include Gati Shakti Cargo Terminal (GCT) business activities, subject to shareholder approval. K. K. Mankeshwar & Co. issued an audit report with an unmodified opinion on the standalone financial results and a modified opinion on the consolidated financial results. Rao & Kumar were re-appointed as Internal Auditors, and Uppalapati & Associates LLP were appointed as Cost Auditors for FY27.
Key Highlights
- Audited financial results for FY26 approved with standalone unmodified audit opinion.
- Consolidated financial results received a modified audit opinion.
- Main Objects Clause altered for Gati Shakti Cargo Terminal (GCT) business.
- Rao & Kumar re-appointed as Internal Auditors for one year.
- Uppalapati & Associates LLP appointed as Cost Auditors for FY27.
Price Impact
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