Gujarat Fluorochemicals Limited announced the transmission of 20,100 Equity Shares (0.02%) from the Late Shri Devendra Kumar Jain to Mr. Vivek Devendra Kumar Jain, a Promoter Group member and Managing Director. Following this, Mr. Vivek Devendra Kumar Jain’s total stake is now 40,200 shares (0.04%). Consequently, the Late Shri Devendra Kumar Jain has ceased to be a part of the Promoter and Promoter Group, effective as of February 18, 2026.
Intimation of Promoter Group Share Transmission
Gujarat Fluorochemicals Limited has issued a formal communication on 18th February, 2026, detailing a change in the shareholding pattern within its Promoter Group. This event was disclosed in compliance with mandatory disclosure requirements.
Details of Share Transfer
The core of the announcement involves the transmission of 20,100 Equity Shares, representing 0.02% of the total share capital. These shares were formerly held by the Late Shri Devendra Kumar Jain, identified as a member of the Promoter and Promoter Group.
The shares were transmitted to Mr. Vivek Devendra Kumar Jain, who is also a member of the Promoter and Promoter Group and serves as the Managing Director of the Company. As a result of this transmission, Mr. Vivek Devendra Kumar Jain’s aggregate shareholding has increased to 40,200 equity shares, constituting 0.04% of the company.
Status Change of Promoter Member
A significant consequence of this internal transfer is that the Late Shri Devendra Kumar Jain has ceased to be a part of the Promoter and Promoter Group of Gujarat Fluorochemicals Limited. His name will be formally removed from the company’s future shareholding patterns.
The official intimation was executed by Bhavin Desai, Company Secretary, under the Symbol FLUOROCHEM on the stock exchanges.
Source: BSE
