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GFL Ltd

NSE: GFLLIMITED BSE: 500173

₹56.71

(0.51%)

Fri, 25 Sept 2026, 04:08 pm

Company History

1987

  • The company was incorporated on 4th February at Ahmedabad.
  • The company entered into technical collaboration agreements with Stearns Catalytic division.

1988

  • 9,50,070 shares were allotted to promoters.
  • 70,49,930 shares were issued at par.
  • 22,49,930 shares were reserved and allotted to promoters.
  • 8,80,000 shares were reserved and allotted to GIIC.
  • The balance shares were offered to the public in October.

1991

  • 13,70,000 equity shares were allotted at par to Industrial Oxygen Co Ltd in conversion of loan.

1992

  • 16,20,000 shares were allotted to conversion of loans.

1997

  • The company set up a project identification cell to spot good business opportunities.

1999

  • The company identified the entertainment industry as a key diversification area and considered setting up a national chain of multiplexes.

2000

  • Inox Leasing and Finance Ltd proposed to acquire 877,900 equity shares of the company from Gujarat Industrial Investment Corpn Ltd.

2001

  • The promoters of the Inox Group diversified into the destination leisure and entertainment business.
  • The company split its face value of shares from Rs 10 to Rs 2.

2008

  • The company split its face value from Rs2 to Rs1.

2010

  • Shri Chandra Prakash Jain was appointed as an additional director on the Board of Gujarat Fluorochemicals Ltd.

2011

  • Shri Mahesh Prasad was appointed as an additional and independent director of the company.

2012

  • Gujarat Fluorochemicals Ltd transferred its wind energy business to INOX Renewables Ltd, a subsidiary of the company.

2013

  • Inox Leisure Limited became a subsidiary of Gujarat Fluorochemicals Ltd.
  • Gujarat Fluorochemicals incorporated a new subsidiary in Hamburg, Germany.

2014

  • Gujarat Fluorochemicals Ltd recommended a dividend of Rs. 3.50 per equity share.
  • Inox Wind Ltd, a subsidiary of Gujarat Fluorochemicals Ltd, was awarded a 170MW order from Continuum Wind Energy.

2019

  • The company name was changed to GFL Ltd. from Gujarat Fluorochemicals Ltd.