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Facor Alloys Ltd. Company History and Annual Growth Details
-Facor Alloys Ltd has nominated Mr. R Sampath as new nominee on the Board of Directors of the Company with effect from July 26, 2007.
- Facor Alloys Ltd has informed that Mr. Gautam Khaitan and Mr. A S Kapre have been appointed as Additional Directors of the Company with effect from October 27, 2007.
- The Board of Directors have approved payment of Interim Dividend for the year 2008-09 on Equity Shares of Re 1/- each @ 15% (Rs 0.15 per equity share.).
- The Company has entered into long term contracts for one year with Baosteel Resources Co. Ltd., China and Shandong Taishan Steel Group Co. Ltd., China for supply of 2000 M.T. & 1000 M.T. High Carbon Ferro Chrome per month respectively.
- The Company has acquired controlling interest in BEC Power Pvt. Ltd. (BEC) by paying a total consideration of Rs. 15.99 crores.
2012 -Mr. Vibhu Bakhru has been appointed as Additional Director of the Company.
2013 - Mr. Anurag Saraf & Mr. Keshaorao Pardhey have been appointed as Additional Directors of the Company.
2016 -Facor Alloys has restarted operation of two furnaces for production of High Carbon Ferro Chrome at the Company's plant.