Stallion India Fluorochemicals Limited (SIFL), a prominent player in the refrigerants and industrial gases sector, has announced a strategic move to strengthen its R-32 production facility project in Bhilwara, Rajasthan. The company's co-promoter has sold a portion of their shareholding to raise funds, which will be directly channeled into the development of this key manufacturing facility.

Strategic Share Sale

According to a press release dated November 3, 2025, the co-promoter of SIFL has sold 16,20,987 shares, raising approximately ₹45.74 crore. This move is aimed at ensuring the timely commencement of groundwork and construction activities for the R-32 project.

Commitment to Growth

In a noteworthy gesture of confidence in the company's future, the entire proceeds from the share sale will be infused into SIFL on an interest-free basis. This financial strategy underscores the promoter's long-term commitment to the company's growth trajectory while maintaining the current equity structure.

Management Perspective

Mr. Shazad Rustomji, Managing Director & CEO of Stallion India Fluorochemicals Limited, commented on the development:

"The decision to sell shares and infuse the entire amount into the company on an interest-free basis was to ensure that work on our R-32 manufacturing project at Bhilwara begins without any delay. This reflects my strong confidence in Stallion's strategic direction and my commitment to advancing our vision of self-reliance in fluorochemicals manufacturing."

Project Significance

The R-32 production facility in Bhilwara is a crucial component of SIFL's growth strategy. R-32 (difluoromethane) is an important refrigerant used in various air conditioning applications, known for its lower global warming potential compared to some other refrigerants.

Company Overview

Stallion India Fluorochemicals Limited, incorporated in 2002, has established itself as a specialized leader in the refrigerants and industrial gases sector over the past three decades. The company's operations span four strategic manufacturing facilities located in Khalapur, Ghiloth, Manesar, and Panvel, focusing on debulking, blending, and processing of gases.

SIFL serves a diverse range of industries, including air conditioning, refrigeration, fire-fighting, semiconductor manufacturing, pharmaceuticals, automotive, and glass production. The company's unique positioning in the market is attributed to its focus on gas blending, setting it apart from competitors who primarily manufacture base molecules.

Market Implications

This strategic move by SIFL's co-promoter demonstrates a strong vote of confidence in the company's future prospects. By ensuring the timely execution of the R-32 project without diluting equity, SIFL is positioning itself to capitalize on the growing demand for environmentally friendly refrigerants in the Indian market.

Investors and market watchers will likely keep a close eye on the progress of the Bhilwara facility and its potential impact on SIFL's market position in the coming months.

Stallion India Fluorochemicals Limited (SIFL), a prominent player in the refrigerants and industrial gases sector, has officially commenced the groundwork for its ambitious R-32 production plant in Bhilwara, Rajasthan. This strategic move marks a significant step in the company's journey towards becoming a fully integrated fluorochemicals enterprise.

Project Highlights

Key Developments

• Bhoomi Pooja Ceremony: The company successfully conducted the Bhoomi Pooja ceremony on October 19, 2025, signaling the formal commencement of the project.
• Construction Timeline: Actual construction work is set to begin from November 1, 2025, with a targeted completion within nine months.
• Strategic Importance: This facility represents a major step towards backward integration and self-reliance in fluorochemicals manufacturing for SIFL.

Management Insights

Mr. Shazad Rustomji, Managing Director & CEO of Stallion India Fluorochemicals Limited, emphasized the strategic importance of this project, stating, "The Bhilwara facility represents a major step forward in our long-term vision of backward integration and self-reliance in fluorochemicals manufacturing. It will provide us with strategic control over key raw materials, enabling sustainable and cost-competitive operations for the years ahead."

Company Background

Stallion India Fluorochemicals Limited, incorporated in 2002, has established itself as a specialized leader in the refrigerants and industrial gases sector over the past three decades. The company's operations span across four strategic manufacturing facilities located in Khalapur, Ghiloth, Manesar, and Panvel, focusing on debulking, blending, and processing of gases.

SIFL's unique positioning in the market stems from its focus on gas blending, setting it apart from competitors who primarily manufacture base molecules. The company serves a diverse range of industries by providing tailored gas solutions, including Hydrocarbons (HC), Hydrofluorocarbons (HFCs), and Hydrofluoroolefins (HFOs).

This new investment in the R-32 production plant aligns with SIFL's commitment to innovation and growth in the fluorochemicals sector, potentially strengthening its market position and financial performance in the coming years.