Gujarat Fluorochemicals acquired 26% stake in GFL GM fluorspar (morocco based mining & selling company of fluorspar), a subsidiary company of GFL singapore.
GFL singapore is wholly subsidiary company of Gujarat Fluorochemicals.
Basically morocco based company is a step down subsidiary company of a Gujarat Fluorochemicals.
Earlier it was 74% stake, and now acquired fully.
Cost of acquisition is INR ~3.72 crores (USD 4,52,954).
| Subscribe To Our Free Newsletter |
