- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Navin Fluorine International Limited's wholly-owned subsidiary, Navin Fluorine Advanced Sciences Limited, has successfully commenced commercial operations for a newly established plant in Dahej, Gujarat, dedicated to manufacturing a key fluoro specialty chemical. This plant has dispatched its first commercial lot to a customer, marking a significant operational milestone. The project is anticipated to generate potential peak revenue of approximately Rs. 600 crore annually, with a total investment of about Rs. 540 crore funded through a combination of internal accruals and debt. This capacity addition strengthens the company's product portfolio and bolsters its relationship with key multinational clients, suggesting a positive growth trajectory in the specialty chemical sector. Investors should note this development as a signal of ongoing expansion and strategic positioning in a lucrative market.