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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…
Here are the summaries of the company updates: **Gujarat Fluorochemicals Limited (GFCL):** GFCL has opened a special one-year window for investors to transfer and dematerialize physical shares acquired prior to April 2019. These shares, once transferred to demat, will be subject to a one-year lock-in period. **Apcotex Industries Limited:** Apcotex...
GFCL received No Objection Letters from BSE & NSE for its Composite Scheme of Arrangement. This clears the path for the company to file the scheme with the NCLT, marking a significant step in its corporate restructuring.
GFCL announced strategic expansion of refrigerant capacity, adding R134A. This aims to fully utilize its designated refrigerant gas entitlements, capitalizing on growing global demand for AC refrigerants and strengthening its product portfolio.
GFCL: 20,100 shares (0.02%) of a deceased Promoter Group member were transmitted to MD Mr. Vivek Devendra Kumar Jain, increasing his stake to 0.04% (40,200 shares). This is an internal share transfer within the promoter group.
GFCL's subsidiary is investing ~1,793 Cr in Oman for a greenfield project to manufacture advanced battery materials for EV & energy storage. Key agreements for investment and land lease have been signed.