Veeral Organics Pvt. Ltd. announced that it will issue 1,371,400 fully paid-up equity shares of face value, INR 10 at a price of INR 10 per share for gross proceeds of INR 13,714,000 on December 6, 2022. The transaction will include participation from returning investor, Vinati Organics Limited.

The investor has subscribed to the shares by way of subscription towards the rights issue of the company.