Business Update7 May 2026, 12:10 pm
Facor Alloys: Railway Siding Migration to Gati Shakti Cargo Terminal
AI Summary
Facor Alloys Ltd has received in-principle approval from East Coast Railway, Waltair, for the migration of its existing railway siding under Railway Code – FMP into the Gati Shakti Cargo Terminal (GCT) Policy framework. This is subject to compliance with railway standards, applicable guidelines, and requisite approvals, as communicated on May 6, 2026.
Key Highlights
- Facor Alloys receives in-principle approval for Gati Shakti Cargo Terminal migration.
- Existing railway siding (Railway Code – FMP) to be migrated.
- Approval is subject to compliance with railway standards and guidelines.
- Communication received from East Coast Railway, Waltair on May 6, 2026.
Price Impact
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