|₹415.05 / ₹197.3|
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Alufluoride was incorporated as a private limited company in Nov. '84 and subsequently converted into a public limited in Oct. '92. It was promoted by V S Prasad and K Ramachandra Reddy. The company has set up a plant manufacturing 3500 tpa of aluminium flourideat Visakhapatnam, AP with the technical know-how from Navin Fluorine Industries (NFL), a division of Mafatlal fine spinning and manufacturing Co. The plant converts fluorine pollutants discharged from the phosphoric acid fertliers plant of Coromandel, Visakhapatnam into Aluminium Flouride. The company came out with a public issue in Jul. '94 to part-finance this project.