Mumbai, March 13 -- The company has incorporated SRF Middle East for trading in refrigerant gases by subscribing 365 equity shares at a face value of Rs 1,000 each aggregating to AED 365,000. The company will hold 100% shareholding in the Middle East.

The Dubai Supreme Council of Energy has granted a NOC for trading in industrial gases, while the Department of Economy and Tourism issued a commercial license for the subsidiary on 12 March 2024.

SRF is a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates. The company's diversified business portfolio covers fluorochemicals, specialty chemicals, packaging films, technical textiles, coated and laminated fabrics.

The specialty chemica...