Clean Science and Technology Subscribes to Shares in Wholly Owned Subsidiary Clean Fino-Chem Limited
Clean Science and Technology Subscribes to Shares in Wholly Owned Subsidiary Clean Fino-Chem Limited
Clean Science and Technology Limited announced that it has subscribed to additional equity shares of its wholly owned subsidiary, Clean Fino-Chem Limited. The transaction involved the subscription of 8,36,121 Equity Shares of Rs.10/- (Rupees Ten each) at a premium of Rs. 588/- (Rupees Five Hundred and Eighty-Eight Only).The subscription was executed in lieu of a subscription money aggregating to Rs. 50,00,00,358/- (Rupees Fifty Crores Three Hundred and Fifty-Eight Only) through the Rights Issue of Clean Fino-Chem Limited. These newly subscribed equity shares will rank pari passu with the existing equity shares of the company.The...