Acquisitions11 Jul 2025, 06:24 pm
Elpro International Acquires Equity Shares of Navin Fluorine International Limited for INR 8.45 Crores
AI Summary
Elpro International Ltd has acquired 16,649 equity shares of Navin Fluorine International Limited (NFIL), a leading Indian manufacturer of speciality fluorochemicals. The acquisition was made for a consideration of INR 8.45 Crores. NFIL operates one of the largest integrated fluorochemicals complexes in India with manufacturing locations at Surat, Dahej, and Dewas. The company has a consolidated turnover of INR 2,349.38 Crores in FY 2024-25 and has a presence in India and 27 other countries. This acquisition is expected to enhance Elpro International's portfolio in the specialty chemicals sector.
Key Highlights
- Elpro International has acquired 16,649 equity shares of Navin Fluorine International Limited for INR 8.45 Crores.
- Navin Fluorine International Limited is a leading Indian manufacturer of speciality fluorochemicals.
- NFIL operates one of the largest integrated fluorochemicals complexes in India with manufacturing locations at Surat, Dahej, and Dewas.
- NFIL has a consolidated turnover of INR 2,349.38 Crores in FY 2024-25 and has a presence in India and 27 other countries.
- This acquisition is expected to enhance Elpro International's portfolio in the specialty chemicals sector.