Navin Fluorine International Limited
Kotak Offshore, which previously held a 1.38 percent stake in Navin Fluorine International Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction of its holding to below the 1 percent reporting threshold.
A specialty chemicals manufacturer, Navin Fluorine International produces refrigeration gases, inorganic fluorides, and specialty organofluorines for global markets. The company operates an extensive portfolio of over 50 fluorinated compounds developed through decades of research and technical expertise. It also provides contract research and manufacturing services to pharmaceutical and chemical industries, with integrated operations that distinguish it within the specialty chemicals sector.
India FPI activity attributed to Kotak Mahindra group affiliates and offshore funds investing in listed Indian equities.