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Vinati Organics informs about additional investment wholly owned subsidiary company

24 Jan 2023 Evaluate

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, Vinati Organics has informed that the company has subscribed to the additional 58,35,000 fully paid-up equity shares of face value of Rs 10 each at par, amounting to Rs 5,83,50,000 by way of subscription towards the rights issue of Veeral Organics, the Wholly Owned Subsidiary, the shares rank to existing Equity Shares of the Company.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Godrej Industries 1103.75
SRF 2544.90
BASF India 3664.25
Pidilite Inds. 1575.00
Tata Chemicals 694.60
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