Clean Science and Technology acquired additional 11,70,572 shares in Clean Fine-Chem Limited, the company announced through an exchange filing. The company bought additional shares for a premium of Rs 588 aggregating to Rs 70,00,02,056 (70Cr).
CSTL subscribed to the additional equity shares as it is in process of setting up a manufacturing facility for its speciality chemical business. The additional capital will be used for funding its green field projects.
Corporate filing of the same
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