Hindustan Fluorocarbons Ltd — Updates, 01-08-2025: Company Update

Hindustan Fluorocarbons Limited (HFL) has announced a voluntary delisting offer by its promoter, Hindustan Organic Chemical Limited. The offer price for public shareholders is INR 17.76 per share. This delisting stems from the Government of India's decision to close HFL's plant operations, which started in 1987. Public shareholders collectively hold 76.69 lakh shares, representing 39.13% of the company's paid-up capital. The offer period is from August 4 to November 18. An escrow account with INR 13.62 Cr has been set up for the offer. Shareholders will also have an extended one-year exit opportunity at the same price post-delisting.