Summary of Key Information:
Nature of Filing / Announcement: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Approval for setting up an Aluminium Fluoride (AlF₃) Manufacturing Plant
Date of Board Meeting / Approval: July 28, 2026
Meeting Time: Commenced at 2:00 PM IST and concluded at 5:00 PM IST
Other Significant Information:
Expansion / Capex:
- The Board has approved setting up an Aluminium Fluoride (AlF₃) Manufacturing Plant with a capacity of 15,000 MTPA at Paradeep
- The plant belongs to the Industrial Chemicals – Fluorine Chemicals sector
- It will utilize Hydrofluorosilicic Acid (HFSA), a by-product generated during phosphoric acid production
- Total estimated investment: Approximately ₹250 Crores
Expected Benefits:
- Value addition to HFSA by converting a low-value by-product into a high-value industrial chemical
- Diversification of the Company's revenue streams into industrial chemicals
- Improvement in profitability and operating margins
- Strengthening of fluorine management
- Support for circular economy and sustainability initiatives
- Creation of opportunities for future expansion into fluorine-based specialty chemicals