Fineotex Chemical is planning to raise funds through issue of equity shares and/or other equity linked securities, through permissible modes including but not limited to a private placement, preferential issue, qualified institutions placement, further public offer, etc., or any combination thereof, subject to shareholders' approval and regulatory and other approvals as may be required. A meeting of the Board of Fineotex Chemical is scheduled to be held on June 24, 2022, to consider the same.
Fineotex Chemical manufactures specialty chemicals consumed by textile and garment industry, leather, construction, adhesives paper, water treatment, agrochemicals, paint and other industries.