MoneyWorks4Me

Gujarat Fluorochemicals’ arm acquires 100% stake in Vinirrmaa Energy Generation

27 Jan 2016 Evaluate

Gujarat Fluorochemicals’ step-down subsidiary - Inox Wind Infrastructure Services, has acquired 100% of equity shares of Vinirrmaa Energy Generation with effect from January 23, 2016. Consequently, Vinirrmaa Energy Generation has become step down subsidiary of Gujarat Fluorochemicals.

Gujarat Fluorochemicals, part of the $2 billion INOX group of companies, is engaged in manufacturing of chloro-fluorocarbon refrigerant gases and hydrous hydrofluoric acid. The INOX group has interests in areas of industrial gases, refrigerants, chemicals, carbon credits, cryogenic engineering, renewable energy and entertainment.


Peers
Company Name CMP
Bajaj Finserv 1720.75
TVS Holdings 11603.45
Cholamandalam Fin. 1386.35
Altius Telecom Infra 174.00
Kama Holdings 2251.00
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