Clean Science and Technology Invests INR500 Million More in Wholly-Owned Arm

MT Newswires Live06-21

Chemicals manufacturer Clean Science and Technology (NSE:CLEAN, BOM:543318) invested an additional 500 million Indian rupees in its wholly-owned subsidiary Clean Fino-Chem through a rights issue, according to a Thursday filing with the Indian stock exchanges.

The company subscribed to an additional 836,121 Clean Fino-Chem shares with a face value of 10 rupees each at a premium of 588 rupees, the filing said.

Clean Fino-Chem, a specialty chemicals business, will use the funds to support its growth.

Price (INR): â¹1443.60, Change: â¹+49.50, Percent Change: +3.55%

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IT_6149
06-21
IT_6149
又要大涨了

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