Stallion India Fluorochemicals Limited has informed the Exchange regarding a press release dated August 12, 2025, titled "Stallion India Fluorochemicals Signs MoU with Government of Rajasthan for New R-32 Manufacturing Plant.".
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Stallion India Fluorochemicals has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to set up a new R-32 refrigerant gas manufacturing facility in Bhilwara district. The plant will also produce advanced refrigerants like R-410A, R-404A, R-407C, R-454B, R-515B, and R-513A. The project involves an investment of approximately ₹120 crore and is expected to create 30 direct jobs, with production targeted to begin in 2026. Land acquisition has already started, and RIICO will facilitate approvals and infrastructure support. The company currently operates four manufacturing facilities in Khalapur, Ghiloth, Manesar, and Panvel.
This is a positive capacity-expansion move that strengthens Stallion's domestic manufacturing footprint and reduces reliance on imports for environment-friendly refrigerants. The ₹120 crore investment signals growth ambition, but the MoU is non-binding and the 2026 production start means financial impact is still some time away, so near-term stock reaction may be modest.