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Hindustan Fluorocarbons to shut down operations

30 Jan 2020 Evaluate

Hindustan Fluorocarbons (HFL) is going to shut down its operations as per the directive from the government which will provide a Rs 77.2 crore interest-free loan to meet closure-related expenditure. The company has been asked to repay the interest-free loan to the central government from the sale proceeds of land and other assets of the company.

A decision to shut down HFL was taken by the Cabinet Committee on Economic Affairs (CCEA), and the nodal Fertiliser and Chemicals Ministry has conveyed the same to the company recently.

Hindustan Fluorocarbons is engaged in the manufacture of Polytetrafluroethylene (PTFE).

Hind Fluorocarbons Share Price

17.32 0.00 (0.00%)
29-Jan-2026 16:59 View Price Chart
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