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GFCL EV Products, India raises INR 10 billion for EV and ESS battery material expansion
On October 23, Gujarat Fluorochemicals Limited (GFL) announced that the board of its subsidiary, GFCL EV Products Ltd. (GFCL EV), has approved an INR 10 billion fundraising at an equity valuation of approximately INR 250 billion. The funding round was led by promoters of the INOXGFL Group along with several investors....
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