Vinati Organics Limited (VOL) has announced a fresh capital infusion into its wholly owned subsidiary, Veeral Organics Private Limited (VOPL). The company announced about its subscription to an additional rights issue of equity shares in VOPL.

Under the terms of the transaction, Vinati Organics Limited subscribed to 90,30,000 fully paid-up equity shares of VOPL at a face value of Rs. 10 each at par, totaling Rs. 9.03 crore.

The newly issued equity shares rank pari-passu in all respects with VOPL's existing equity shares. Because the investment was executed by subscribing to a rights issue, VOL's ownership stake remains unchanged, and Veeral Organics Private Limited continues to operate as a 100% wholly owned subsidiary.