Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, Vinati Organics has informed that Vinati Organics (the Company) has subscribed to the additional 6,93,62,000 fully paid-up equity shares of the face value of Rs 10 each at par, amounting to Rs 69,36,20,000 (Rupees Sixty Nine Crores Thirty Six Lakhs Twenty Thousand only) by way of subscription towards the rights issue of Veeral Organics, a 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.
