Camlin Fine Sciences Limited ( (IN:CAMLINFINE) ) has issued an update.
Camlin Fine Sciences Limited has announced its strategic acquisition of a majority stake in Vinpai S.A. through a Share Purchase Agreement, alongside a €3.3 million investment in convertible bonds. This acquisition, involving a share swap and a subsequent tender offer, positions Camlin Fine Sciences to potentially control over 90% of Vinpai, enhancing its market presence and operational capabilities in the specialty chemicals sector.
More about Camlin Fine Sciences Limited
Camlin Fine Sciences Limited operates in the chemical industry, focusing on the production of specialty chemicals and blends. The company is known for its expertise in manufacturing antioxidants, aroma chemicals, and performance chemicals, serving various sectors including food, pet food, and industrial applications.
YTD Price Performance: 11.38%
Average Trading Volume: 89,406
Current Market Cap: 29.14B INR
Learn more about CAMLINFINE stock on TipRanks’ Stock Analysis page.