TANFAC Industries Ltd

A leading producer of hydrofluoric acid and its derivatives, Tanfac Industries manufactures specialty chemicals for diverse industrial applications across multiple sectors. Incorporated in 1972, the company operates integrated production facilities and maintains strong capabilities in fluorochemical manufacturing. Its core business focuses on hydrofluoric acid and specialty fluorine-based chemicals used in refrigeration, uranium processing, pharmaceuticals, and other industrial segments.

The President of India holds promoter and strategic stakes on behalf of the Government of India in over 70 listed PSUs spanning oil and gas, banking, defence, mining, power and infrastructure, with aggregate market value in the tens of lakhs of crores. Disclosed stake changes typically signal divestment, OFS or strategic sale activity rather than market views, but materially impact float and price discovery in PSU stocks.