OTHER GROUP COMPANIES
market

Vinati Organics stock settles at day's high after subscribing additional shares in rights issue of Veeral Organics

The transaction aggregated to Rs60 lakh.

December 29, 2021 4:11 IST | India Infoline News Service
Vinati Organics
Vinati Organics on Wednesday announced the subscription of an additional 6 lakh fully paid-up equity share by way of rights issue of Veeral Organics Pvt. Ltd., the wholly-owned subsidiary of the Company.

The transaction aggregated to Rs60 lakh.

Vinati in its regulatory filing today said, "has subscribed to the additional 6,00,000 fully paid-up equity shares of the face value of Rs.10/ - each at par amounting to Rs60 lakh by way of subscription towards the rights issue of Veeral Organics Pvt. Ltd., the wholly-owned subsidiary of the Company, rank pari passu to its existing Equity shares."

On Sensex, Vinati closed at an intraday high of Rs1970 per piece up by 0.71%.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account

  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity