Elpro International has acquired 16,649 equity shares of ‘Navin Fluorine International’ for Investment Purpose. Cost of acquisition is Rs 8.45 crore. Navin Fluorine International (NFIL) is one of the largest Indian manufacturers of speciality fluorochemicals. Established m 1967, NFIL operates one of the largest integrated fluorochemicals complexes in India with manufacturing locations at Surat and Dahej in Western India and Dewas in Central India.
Elpro International is the only one outside the United States to manufacture surge arresters and zinc oxide discs with GE technology, acknowledged to be the best in the world.
