Vinati Organics has informed that the Company has subscribed to the additional 13,71,400 fully paidup equity shares of face value of Rs 10 each at par, amounting to Rs 1,37,14,000 (Rupees One Crore Thirty Seven Lakhs and Fourteen Thousand Only) by way of subscription towards the rights issue of Veeral Organics, the Wholly Owned Subsidiary, the shares rank pari passu to existing Equity Shares of the Company.
The above information is a part of company’s filings submitted to BSE.