Gujarat Fluorochemicals has approved making of an investment by way of subscription up to 64,00,000 Equity Shares of INOX Leisure, a subsidiary company of the company, at a price determined in accordance with requirements of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 or any amendments thereto.
Gujarat Fluorochemicals is engaged in the manufacturing of chloro-fluorocarbon refrigerant gases and hydrous hydrofluoric acid.