Navin Fluorine International Limited announced that Shri Hrishikesh Arvind Mafatlal expressed his desire to step aside as Executive Chairman and Director of the company and tendered his resignation effective from close of office hours on August 19, 2016. The company appointed Shri Vishad P. Mafatlal to be the Executive Chairman- designated as Chairman of the company for the period of five years with effect from August 20, 2016.