Ferro Alloys Corporation Limited Announces Resignation of Pinaki Misra as an Independent Director on the Board

Ferro Alloys Corporation Limited is a producer and exporter of ferro alloys, which are used for the manufacturing of steel and stainless steel. The Company's principal products/services include Ferro Chrome and Chrome Ore. The Company is engaged in chrome ore exploration, mining and beneficiation in the state of Odisha, India. The Company's segments include Ferro Alloys and Chrome Ore. The Company's products include Chromite Mines, Open Cast Mines, Charge Chrome Plant and High Carbon Ferro Chrome. The Company is engaged in producing and exporting of High Carbon Ferro Chrome/Charge Chrome around the world. It has the capacity to produce approximately 65,000 tons per annum (TPA) of charge chrome/ferro chrome and approximately 250,000 TPA of chrome ore at its plant in Orissa. It exports its products to various countries, such as Korea, Japan, Italy, Netherlands, the United States, Turkey, China and Taiwan. Its subsidiaries include Facor Power Ltd. and Facor Realty and Infrastructure Ltd.