- Business
- GFL Limited (GFLLIMITED.NS), a holding company within the INOX Group, primarily holds significant stakes in INOX Leisure Limited, one of India's largest multiplex chains operating 169 properties with 720 screens across 74 cities, and INOX Infrastructure Limited; it also engages in real estate and property development activities as well as the distribution of investment products. Incorporated in 1987 and headquartered at Ceejay House, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra, the company is listed on the BSE Limited and National Stock Exchange of India Limited, with operations focused on the entertainment, infrastructure, and financial services sectors primarily in India. Its core offerings encompass multiplex cinema management under the INOX brand, property development projects, and investment product distribution targeting domestic retail and institutional customers.
In recent developments, GFL Limited held its 38th Annual General Meeting on September 23, 2025, approving the annual report for FY 2024-25 and re-appointing key directors including Mr. Siddharth Jain; the company also released unaudited financial results for periods ending September 30, 2024, December 31, 2024, and March 2025, reflecting modest net sales growth in investment and holding activities. As part of broader INOXGFL Group restructuring, related entities pursued mergers such as NCLT approval in June 2025 for the amalgamation of Inox Wind Energy Limited into Inox Wind Limited, aimed at streamlining operations, reducing liabilities by approximately Rs 2,050 crore, and simplifying shareholding structures, alongside a composite scheme involving demerger of wind business assets from Inox Leasing and Finance Limited into a new entity followed by merger into Gujarat Fluorochemicals Limited (a group peer formerly demerged from GFL in 2019-20). These strategic shifts enhance group-level synergies, cost efficiencies, and promoter direct holdings in listed entities, positioning GFL within a diversified portfolio spanning chemicals, renewables, and entertainment.