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Camlin Fine Sciences Limited ( (IN:CAMLINFINE) ) has shared an update.
Camlin Fine Sciences Limited has announced the allotment of 4,106,181 equity shares through a preferential issue to acquire shares of the French company Vinpai. This strategic move, valued at approximately ₹101.71 crore, aims to enhance Camlin’s market position by expanding its product offerings and geographical reach, potentially benefiting stakeholders by increasing the company’s equity share capital and aligning with its growth strategy.
More about Camlin Fine Sciences Limited
Camlin Fine Sciences Limited operates in the chemical industry, focusing on the production of specialty chemicals and blends. The company is known for its antioxidant solutions, aroma chemicals, and performance chemicals, serving markets that require food safety, shelf-life extension, and industrial applications.
Average Trading Volume: 32,193
Technical Sentiment Signal: Buy
Current Market Cap: 31B INR
For a thorough assessment of CAMLINFINE stock, go to TipRanks’ Stock Analysis page.