
Investment6 Feb 2024, 11:12 pm
Navin Fluorine International Limited Approves Capital Expenditure of INR 288 Crores for New cGMP-4 Facility and Expansion of HFC Capacity
AI Summary
The Board of Directors of Navin Fluorine International Limited has approved Capital Expenditure of INR 288 crores for new cGMP-4 facility at Dewas unit and expansion of HFC capacity at Surat unit. The company has also granted 40,000 stock options to its employees under Employees’ Stock Option Scheme 2017.,
Key Highlights
- INR 288 crores for new cGMP-4 facility
- INR 84 crores for expansion of HFC capacity
- Grant of 40,000 stock options to employees