Gujarat Fluorochemicals’ subsidiary, GFCL EV Products Limited, has incorporated a step-down subsidiary, GFCL EV Advanced Materials (SFZ) LLC, in the Sultanate of Oman on January 20, 2026. This new entity will focus on manufacturing various chemicals. GFCL EV Products Limited holds 99.70% of the shares, while Gujarat Fluorochemicals Limited holds 0.30%.
Step-Down Subsidiary Incorporated
GFCL EV Products Limited, a subsidiary of Gujarat Fluorochemicals Limited, has incorporated a step-down subsidiary named GFCL EV Advanced Materials (SFZ) LLC in the Sultanate of Oman. The incorporation was effective as of January 20, 2026.
Ownership Structure
The shareholding of GFCL EV Advanced Materials (SFZ) LLC is divided between GFCL EV Products Limited and Gujarat Fluorochemicals Limited. GFCL EV Products Limited holds 99.70% of the shares, with a subscription value of OMR 3,48,95,000. Gujarat Fluorochemicals Limited holds the remaining 0.30%, with a subscription value of OMR 1,05,000.
Business Focus
GFCL EV Advanced Materials (SFZ) LLC is newly incorporated and is dedicated to the manufacturing of various chemicals. The entity has not yet commenced business operations as of January 20, 2026.
Source: BSE
