Vinati Organics makes additional investment in wholly owned subsidiary
15th Jul 2022

Vinati Organics has subscribed to the additional 24,40,000 fully paid-up equity shares of face value of Rs 10 each at par amounting to Rs 2.44 crore by way of subscription towards the rights issue of Veeral Organics, the wholly owned subsidiary of the company, rank pari passu to its existing Equity shares.

Vinati Organics, Established in 1989, is a specialty chemical company, focusing on manufacturing specialty chemicals and organic intermediaries.