Fine Organic Industries has subscribed to 6,00,00,000 - 1% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares of face value of Rs 10 each issued by Fine Organic Industries (SEZ), Wholly Owned Subsidiary (WOS) of the Company, aggregating Rs 60 crore. The object of this investment is to support the WOS for setting up the manufacturing unit.
Fine Organic Industries produces a wide range of specialty plant derived oleochemical -based additives used in food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries.
