Clean Science and Technology Invests INR500 Million More in Wholly-Owned Arm
Chemicals manufacturer Clean Science and Technology 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 : 1443.60, Change: +49.50, Percent Change: +3.55%