Business Update6 Apr 2024, 12:53 am
Clean Science and Technology Ltd Announces Investment in Wholly Owned Subsidiary, Clean Fino-Chem Limited
AI Summary
Clean Science and Technology Ltd has invested in Clean Fino-Chem Limited, a wholly owned subsidiary. The investment involved subscribing to additional 8,36,121 Equity shares at a premium of Rs. 588/- per share, aggregating to Rs. 50,00,00,358. The company confirms that the transaction is at arms length and is not a related party transaction.
Key Highlights
- Clean Science and Technology Ltd invests in Clean Fino-Chem Limited
- Investment involves subscription to additional 8,36,121 Equity shares
- Company confirms transaction is at arms length
- Total investment amounted to Rs. 50,00,00,358