Vinati Organics has informed that the Board of Directors of the Company at its meeting held today, February 1, 2025, considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the third quarter and nine months period ended December 31, 2024. Accordingly, the said Unaudited Financial Results (Standalone and Consolidated) are enclosed together with the Limited Review Report(s) on the Unaudited Financial Results (Standalone and Consolidated) of the Company for the third quarter and nine months’ period ended December 31, 2024 issued by the Statutory Auditors M. M. Nissim & Co. LLP. Further, the said financial results are being uploaded on the Company's website www.vinatiorganics.com and will also be available on the website of the Stock Exchange(s) namely BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com) and will be published in the newspapers as per the requirements of SEBI Listing Regulations; the Board of Directors have approved the incorporation / establishment of a Wholly Owned Subsidiary of the Company in the United States of America. The incorporation of the wholly owned subsidiary (WOS) is to expand the Company’s business operations offshores. The WOS will primarily handle the manufacturing & sale of Vinati Organics Ltd. products and in future, this entity will help to explore other opportunities in the US market. The details with respect to the said acquisition as required under Regulation 30 read with Schedule III Part A Para A (1) of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/ CIR/P/0155 dated November 11, 2024 are attached as Annexure A.
The above information is a part of company’s filings submitted to BSE.
