Alufluoride Share Price

Alufluoride was incorporated as a private limited company in Nov.'84 and subsequently converted into a public limited in Oct.'92. It was promoted by V S Prasad and K Ramachandra Reddy. The company has set up a plant manufacturing 3500 tpa of aluminium flourideat Visakhapatnam, AP with the technical know-how from Navin Fluorine Industries (NFL), a division of Mafatlal fine spinning and manufacturing Co. The plant converts fluorine pollutants discharged from the phosphoric acid fertliers plant of Coromandel, Visakhapatnam into Aluminium Flouride. The company came out with a public issue in Jul.'94 to part-finance this project. The company has been awarded for `Best effort in Environmental Improvement in Industries located in the State' by the Federation of Andhra Pradesh Chamber of Commerce & Industry. In 1999-2000, the company was awarded the coveted ISO 9002 Certification from Det Norske Veritas under the accreditation from Raad Voor Accreditate, Netherlands, for overall quality performance in all spheres. During 2000-2001 the company has succeeded in bagging a prestigious regular order from the World Class Aluminium Smelter-M/s Dubai Aluminium Co Ltd Dubai. It is also planning on concentrate more on exports under the EPCG.