Nature of Update
This is a regulatory filing pursuant to SEBI Listing Regulations (Regulation 30) to intimate the incorporation of a new, wholly-owned subsidiary.
Key Operational or Strategic Points
- The new subsidiary is named GFCL Semiconductor and Advanced Materials Limited.
- It was incorporated on 26th June, 2026, in India.
- The subsidiary will operate in the specialty chemicals and semiconductor industry.
- Its line of business includes manufacturing, processing, buying, selling, importing, and exporting specialty chemicals.
- It will also design, develop, manufacture, assemble, repair, and trade in all types of semiconductor devices, integrated circuits, electronic components, software, and related technologies and equipment.
Material Financial Impact (if any)
- The incorporation was effected for a cash consideration.
- Gujarat Fluorochemicals Limited subscribed to the subsidiary's equity shares for ₹1 Lakh.
- The parent company holds a 100% shareholding in the subsidiary.
- No governmental or regulatory approvals were required for this incorporation.
- The immediate financial outlay is minimal (₹1 Lakh), indicating this is an initial step for a new strategic vertical.
Approval Status
The subsidiary has been successfully incorporated and is now a 100% owned entity of Gujarat Fluorochemicals Limited.
Reference Regulation
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Regulation 30 read with Schedule III, Part A, Para A, Sub-para 1. The filing also references SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.