Vinati Organics Limited, an Indian specialty chemicals manufacturer, announced today the incorporation of its wholly owned subsidiary, Vinati Organics USA INC, in Delaware, United States. The new entity was incorporated on February 13, 2025, with an authorized share capital of 5,000 shares at $100 par value each.
The shares of Vinati Organics Limited were trading at ₹1,540.55 down by ₹52.20 or 3.28 per cent on the NSE today at 1.25 pm.
The US subsidiary will focus on processing, distribution, and sale of chemical solutions, including raw material acquisition and processing into finished goods. The company has initially subscribed to 10 shares at $100 per share in cash consideration, maintaining 100% ownership of the subsidiary.
The expansion aligns with Vinati Organics’ strategy to explore opportunities in the US market and enhance its specialty chemicals business presence. The subsidiary’s incorporation complies with India’s Foreign Exchange Management Regulations, Reserve Bank of India guidelines, and applicable US regulatory requirements.
This development follows the company’s earlier announcement on February 1, 2025, regarding its plans to establish a US subsidiary. The new entity will also handle the manufacturing and sale of Vinati Organics’ products in the US market.
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