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An announcement from Vinati Organics Limited ( (IN:VINATIORGA) ) is now available.
Vinati Organics Limited has announced an additional investment in its wholly owned subsidiary, Veeral Organics Pvt. Ltd., by subscribing to 6,14,40,000 fully paid-up equity shares valued at ₹ 61.44 crore. This strategic move reinforces Vinati Organics’ commitment to expanding its footprint in the specialty chemicals sector, ensuring that Veeral Organics remains a key player in the industry, with implications for enhanced market positioning and potential growth opportunities.
More about Vinati Organics Limited
Vinati Organics Limited operates in the chemical industry, focusing on the manufacturing of organic fine specialty chemicals. The company has a market focus on producing high-quality chemicals and has a wholly owned subsidiary, Veeral Organics Pvt. Ltd., which aligns with its core business operations.
YTD Price Performance: -12.54%
Average Trading Volume: 11,838
Current Market Cap: 163.8B INR
See more insights into VINATIORGA stock on TipRanks’ Stock Analysis page.