|₹20.35 / ₹6.7|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Incorporated as a private limited company in 1983, Hindustan Fluorocarbons (HFL) became a deemed public limited company in the same year. The promoters of the company are Hindustan Organic Chemicals (HOC), a Government of India enterprise and Andhra Pradesh Industrial Development Corporation (APIDC), a state-level development institution. The company manufactures plastics, synthetic resins, synthetic rubber and synthetic fibres of all kinds. It has entered into a technical agreement with Atochem, France, a wholly-owned subsidiary of Peecheny Ugine Kuhlmann, a large industrial enterprise interested in various fields such as metals, chemicals, nuclear fuel, etc. The company also manufactures poly tetra flouro ethylene (PTFE), a non-toxic engineering plastic which is an import substitute. During 1995, the company developed bogie bearing pads and rubbing plates for EMU coaches. It has signed an MoU with Bhabha Atomic Research Centre (BARC), wherein BARC will produce special-purpose grades of PTFE using radiation processing. During 1995-96, the PTFE plant capacity has been increased to 100 tpa.