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Incorporated in 2018, Gujarat Fluorochemicals Limited, earlier known as Inox Fluorochemicals Limited, is a part of the INOX Group of Companies and has been demerged from GFL Ltd, into a separate legal entity.It is one of the leading producers of Fluoro-polymers, Fluoro-specialities, Chemicals and Refrigerants in India. It is one of the top five global players in the fluoropolymers market with exports to Europe…
GFCL's material subsidiary, GFCL EV Products, announced its statutory auditor, Patankar & Associates, resigned. Walker Chandiok & Co LLP is proposed, to comply with a Shareholders Agreement with International Finance Corporation mandating a 'Big Five' firm for enhanced governance.
Gujarat Fluorochemicals Limited has announced a board meeting on the financial results for the quarter and half-year. The company paid fines of ₹10.62 lakh for non-compliance with board composition rules, which is now resolved. There are no further financial impacts from this issue.
Gujarat Fluorochemicals Limited faces a Rs. 1.13 Cr penalty for short payment of GST on royalty between Oct 2021 and Jul 2022. The issue arose from a GST rate change from 12% to 6%, with the company paying the differential plus interest after the update. The company is contesting the...
The company has updated its Registrar and Transfer Agent (RTA) details. MUFG Intime India Private Limited has changed its website and email addresses for investor-related communications. The new website is www.in.mpms.mufg.com, and shareholders can submit queries or service requests at https://web.in.mpms.mufg.com/helpdesk/Service_Request.html. The updated email addresses for communication are vadodara@in.mpms.mufg.com and...
Gujarat Fluorochemicals Limited has announced a board meeting on January 29, 2025, presenting its consolidated financial results for the quarter ended December 31, 2024. Total income reported at ₹1,162 crore, marking a growth of 15.66% year-over-year, attributed primarily to increased demand and enhanced operational efficiencies. Profit before tax stood at...