Gujarat Fluorochemicals Limited announced that has incorporated its subsidiary Company namely IGREL Mahidad Limited on 14th March, 2024. Name of the target entity, details in brief such as size, turnover etc IGREL Mahidad Limited Authorised and Paid-up Capital: INR 1,00,000 divided into 10,000 equity shares of INR 10/- each Turnover: The entity is yet to commence business operations. Industry to which the entity being acquired belongs; Generation, accumulation, transmission, distribution, purchase, sell and supply of electricity power by using conventional and/or non-conventional energy sources.

Initial subscription to be made by the Company is INR 99,400 divided into 9,940 equity shares of INR 10/- each. Newly incorporated Company for power generation.