Navin Fluorine International Limited has submitted a regulatory disclosure under SEBI Listing Regulation 30 regarding a significant amendment to an existing contract.
The disclosure concerns a previously announced 7-year, $410 million contract with Honeywell International Inc. (now assigned to Solstice Advanced Materials US, Inc.) for the manufacture and supply of Hydrofluoroolefins (HFO) through the company's Wholly Owned Subsidiary, Navin Fluorine Advanced Sciences Limited (NFASL), at its Dahej site.
Pursuant to the approval of the Board of Directors of NFASL on October 29, 2026, an amendment to this contract has been executed with Solstice Advanced Materials US, Inc. The key changes are:
- Contract Tenure Extension: The contractual tenure has been extended from the original 7 years to December 2032, representing an extension of 4 years.
- Financial Impact: The amendment carries an additional revenue potential of approximately $180 million. This increases the total contract value to approximately $590 million over the entire revised contract period of 11 years.
The intimation is also available on the company's website at www.nfil.in.