About Stallion India Fluorochemicals Limited

Stallion India Fluorochemicals Limited is a Mumbai-based manufacturer and supplier of refrigerants and specialty gases, founded by Shazad Sheriar Rustomji, who serves as Chairman & Managing Director. The company blends and bottles gases, catering to both bulk and small cylinder/container requirements, with a focus on hydrofluorocarbons (HFC) and hydrofluoroolefins (HFO) used across diverse industries. Incorporated on September 05, 2002 as a private company, Stallion converted to a public limited company pursuant to a shareholder resolution on August 07, 2023; a fresh certificate of incorporation reflecting the name change was issued thereafter.

Stallion operates four strategically located plants: Khalapur and Panvel in Raigad (Maharashtra), Manesar in Gurugram (Haryana), and Ghiloth in Alwar (Rajasthan). These facilities support regulated storage, debulking and bottling, and were expanded to meet growing demand in North India, particularly through the Ghiloth facility. The company’s registered and corporate office is at 2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad (West), Mumbai 400064.

Stallion India Fluorochemicals Limited Key milestones include:

• 1998: First standalone HFC debulking/bottling facility at Panvel, outside Mumbai.

• 2002: North India debulking/bottling facility at Manesar, alongside incorporation of the company.

• 2006: Agreement with Honeywell to jointly market and distribute HFCs, fluorines and refrigerant specialities in India.

• 2013: New flammable gas debulking and refilling plant at Khalapur, Maharashtra.

• 2016: Commercial supplies of HFO‑1234yf to auto OEMs in India to meet European F‑gas regulations for their exports.

• 2018: Expansion at Khalapur to a second plant and start of refrigerant blends; commercial supplies of isobutane for refrigerator OEMs in India; introduction and promotion of Solstice HFO refrigerants under an agreement with Honeywell in India.

• 2020: New facility at Ghiloth, Rajasthan, for refrigerants and flammable gases.

• 2023: Conversion to a public limited company; acquisition of Stallion Enterprises on a slump sale basis.

Stallion India Fluorochemicals Limited Key Management

• Shazad Sheriar Rustomji – Chairman & Managing Director

• Ashish Mehta – Chief Financial Officer

• Sarita Khamwani – Company Secretary & Compliance Officer

Latest Updates on Stallion India Fluorochemicals Limited

• Conversion to public limited company: In 2023, Stallion converted into a public limited company following shareholder approval on August 07, 2023, with a fresh certificate of incorporation issued thereafter.

• Acquisition of Stallion Enterprises: In the same year, the company acquired Stallion Enterprises (a proprietary firm of the promoter) on a slump sale basis, integrating assets at Panvel and Manesar; regulatory transfers for certificates, licences and consents to the company’s name are underway with the relevant authorities.