Navin Fluorine International announced that the Board of Directors of the Company at its meeting held on 30 October 2018, inter alia, have recommended the interim dividend of Rs 3.8 per equity Share (i.e. 190%) , subject to the approval of the shareholders.

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Net profit of Navin Fluorine International declined 20.20% to Rs 34.21 crore in the quarter ended September 2018 as against Rs 42.87 crore during the previous quarter ended September 2017. Sales rose 10.83% to Rs 241.74 crore in the quarter ended September 2018 as against Rs 218.11 crore during the previous quarter ended September 2017.

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Navin Fluorine International will hold a meeting of the Board of Directors of the Company on 30 October 2018.

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Navin Fluorine International has allotted 3255 equity shares of the face value of Rs. 2/- each to the employees of the Company upon exercising Stock Options by them under the prevailing Employee Stock Option Scheme 2007 of the Company.

With this allotment, the paid-up capital of the Company has increased to Rs.9,88,73,345/-(4,94,29,395 equity shares of Rs.2 /- each fully paid-up and 14,555 partly paid equity shares of RS.2/- each, on which Re.1/- per share paid-up).

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