Vinati Organics Limited has subscribed to an additional 90,30,000 equity shares in its wholly-owned subsidiary, Veeral Organics Pvt. Ltd. This investment, amounting to ₹9.03 crore, was made through a rights issue at a face value of ₹10 per share. The acquisition strengthens the subsidiary’s equity base and maintains Vinati Organics’ 100% ownership without altering the shareholding percentage.
Strategic Investment in Subsidiary
Vinati Organics Limited announced on September 21, 2026, its participation in a rights issue by its wholly-owned subsidiary, Veeral Organics Pvt. Ltd. The company has subscribed to 90,30,000 fully paid-up equity shares, each with a face value of ₹10. The total investment made is ₹9,03,00,000 (Rupees Nine Crore Three Lakh only).
Maintaining 100% Ownership
This transaction, conducted at par value, ensures that Vinati Organics Limited continues to hold a 100% stake in Veeral Organics Pvt. Ltd. The newly issued shares rank pari-passu with the existing equity shares of the subsidiary. Veeral Organics Pvt. Ltd., incorporated in October 2020, is involved in the manufacturing of Organics Fine Specialty Chemicals, aligning with the core business of its parent company.
Financial Details of Subsidiary
For the fiscal year FY 2025-26, Veeral Organics Pvt. Ltd. reported a turnover of ₹21.94 crore. Previous years’ turnovers were ₹10.55 crore for FY 2024-25 and ₹0.09 crore for FY 2023-24. This investment is expected to support the continued growth and operational expansion of the subsidiary.
Source: BSE
