Gujarat Fluorochemicals Sets Up New Battery Chemicals Subsidiary
November 13, 2026
Vadodara: Gujarat Fluorochemicals Limited (GFCL) has incorporated a new step-down subsidiary, GFCL EV Critical Minerals Limited, to expand its presence in the battery chemicals and electric vehicle (EV) value chain.
The new company was incorporated in India on November 12, 2026, as a wholly owned subsidiary of GFCL EV Products Limited, a material subsidiary of Gujarat Fluorochemicals.
According to the company’s regulatory filing dated November 13, GFCL EV Critical Minerals Limited will operate in the battery chemicals sector. Its business activities will include manufacturing, trading, importing, exporting and processing batteries, battery components and related products for electric vehicles.
The new subsidiary will focus on products and solutions across the battery value chain, including lithium-ion batteries and their components.
GFCL EV Critical Minerals Limited has been incorporated with an initial capital of ₹1 lakh, with GFCL EV Products Limited holding 100% of its share capital. The incorporation does not require any separate governmental or regulatory approvals, according to the filing.
DeshGujarat
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