Navin Fluorine International Limited Announces Executive Changes
May 09, 2018 at 08:42 am EDT
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Navin Fluorine International Limited in its board meeting held on May 09, 2018 accepted that Mr. Sitendu Nagchaudhuri, the Chief Financial Officer of the company has tendered his resignation, with effect from close of business hours on 15 June, 2018, to pursue his career interests beyond the company. The said resignation has been accepted by the Board of Directors. Based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, the Board of Directors has decided to appoint Mr. Ketan Sablok, who is currently Vice- President Finance, as the Chief Financial Officer of the company with effect from 16 June, 2018.
Navin Fluorine International Limited is an India-based company that is primarily focused on fluorine chemistry, which produces refrigeration gases, inorganic fluorides, specialty organofluorines. The Company operates through the Chemical Business segment. It has two geographical segments based upon the location of its customers, which include within India and outside India. It is the manufacturer of specialty fluorochemicals, which comprises synthetic cryolite, fluorocarbon gases, and hydrofluoric acid and other fluorine chemicals. It offers contract research and manufacturing services. The Company has anhydrous hydrofluoric and diluted hydrofluoric acid manufacturing capacities in India with a multi-product portfolio. It serves industries, including stainless steel, glass, oil and gas, abrasives, electronic products, and life and crop science, among others. The Companyâs manufacturing facilities are located at Surat in Gujarat and Dewas in Madhya Pradesh.