Fineotex Chemical boosts growth outlook with warrant exercise

Fineotex Chemical Limited announced on December 1, 2025, a successful exercise of warrants allotted on a preferential basis on November 21, 2025. This move involved significant participation from its promoter group, underscoring their commitment to the company's strategic direction, operational strength, and long-term value creation.

The funds raised from this exercise will be directed towards working capital requirements and potential acquisitions, aiming to support expansion plans and solidify Fineotex's position in both domestic and international markets. Sanjay Tibrewala, executive director, highlighted that this action reflects unwavering confidence in the company's capabilities and visible business momentum across key segments.

Fineotex Chemical Limited is a leading Indian multinational specialty performance chemical producer, operating manufacturing facilities in Ambernath (India) and Selangor (Malaysia). The company serves clients across approximately 70 countries with an extensive network of over 103 dealers and distributors in India.