Investment30 Jul 2025, 05:51 pm
Clean Science and Technology Invests INR 70 Crores in Wholly Owned Subsidiary Clean Fino-Chem Limited
AI Summary
Clean Science and Technology Limited (CSTL) has invested INR 70 Crores in Clean Fino-Chem Limited (CFCL), a wholly owned subsidiary, by subscribing to additional equity shares. The investment was made in lieu of subscription money of INR 70,00,00,262 by way of subscription to the Rights Issue of CFCL. The additional capital will be primarily used for funding its projects.
Key Highlights
- Clean Science and Technology Limited invests INR 70 Crores in Clean Fino-Chem Limited
- Investment made in lieu of subscription money of INR 70,00,00,262
- Additional capital will be used for funding CFCL's projects
- CFCL is a wholly owned subsidiary of CSTL
- Transaction is at arm's length