Stallion India Fluorochemicals Limited has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan for setting up a Hydrofluoroolefin (HFO) manufacturing plant at Bhilwara (Hurda), Rajasthan, as part of its planned capacity expansion program. Under the MoU, the Company proposes an investment of approximately INR 200 million for the HFO manufacturing facility, with start of work on the production plant in 2027.