Navin Fluorine International Limited — Important, 11-07-2025: General Updates
11-07-2025 | 09:34 pm
11-07-2025 | 09:34 pm
Navin Fluorine International Limited has announced a board meeting on the financial results for the quarter and half-year. The company completed a Qualified Institutions Placement (QIP), allotting 16.03 lakh equity shares at ₹4,680 each, raising significant capital. Post-issue, the paid-up equity share capital increased to ₹10.24 Cr. Major allottees include Abu Dhabi Investment Authority, Nippon Life, Whiteoak Capital, SBI Equity Savings Fund, and Goldman Sachs, each holding over 5% of the QIP shares. This capital raise strengthens the company’s financial position for growth and expansion.
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