Vinati Organics Expands with Subsidiary Investment

to Invest Rs 33.84 Crore More in Veeral Organics Vinati Organics subscribed to 3,38,40,000 fully paid-up equity shares of Veeral Organics, each with a face value of ₹10, at par. The cash consideration of ₹33.84 crore ensures that the subsidiary remains fully owned by the parent company. Veeral Organics Pvt. Ltd. This investment was made through the rights issue of its wholly-owned subsidiary, Veeral Organics Pvt. Ltd and the new shares will have the same rights as the existing equity shares. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.