Acquisitions30 Nov 2025, 06:31 pm
Camlin Fine Sciences Completes Acquisition of Vinpai, a French Ingredient'tech Company
AI Summary
Camlin Fine Sciences Ltd has completed the acquisition of Vinpai, a French société anonyme, specializing in the design, manufacture and marketing of algae, plants, mineral and fiber-based functional ingredients. The acquisition was done through a preferential issue of equity shares worth INR 101,70,59,971.89 to the proposed allottees/investors, in consideration for the acquisition of ordinary shares of Vinpai. The acquisition was approved by the Securities Issue and Allotment Committee of the Company and the National Stock Exchange of India Limited and the BSE Limited.
Key Highlights
- Camlin Fine Sciences has completed the acquisition of Vinpai, a French ingredien'tech company
- The acquisition was done through a preferential issue of equity shares worth INR 101,70,59,971.89
- Vinpai specializes in the design, manufacture and marketing of algae, plants, mineral and fiber-based functional ingredients
- The acquisition was approved by the Securities Issue and Allotment Committee of the Company and the National Stock Exchange of India Limited and the BSE Limited
- Vinpai has a subsidiary named Based Algae and Plants, and has a presence in Europe, North Africa, West Africa, and South-east Asia