Gujarat Fluorochemicals Limited
Mirae Asset Mutual Fund reduced its stake in Gujarat Fluorochemicals from 3.19% to 1.99%, selling 13,14,944 shares.
A leading specialty chemicals manufacturer, Gujarat Fluorochemicals produces fluoro-polymers, fluoro-specialities, chemicals, and refrigerants for diverse industrial applications across multiple sectors. The company ranks among the top five global players in the fluoropolymers market and maintains a significant export presence in Europe, the Americas, Japan, and Asia. Demerged from GFL Ltd in 2018, it operates as an independent entity within the INOX Group of Companies.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.