Borosil Scientific Invests ₹11.68 Crore in Subsidiary Goel Scientific Glass Works

Mumbai, November 27: Borosil Scientific Limited has announced that it has made a fresh investment in its subsidiary Goel Scientific Glass Works Limited through a rights issue. According to the disclosure, Borosil Scientific subscribed to 1,16,81,557 equity shares at a face value of ₹10 each. The investment had a total value of ₹ 11,68,15,570. Following the allotment, Borosil’s shareholding in Goel Scientific Glass Works rose to 99.37%.

Borosil Scientific Limited (NSE: BOROSCI, BSE: 544184) is an Indian manufacturer and supplier of scientific and laboratory products. It is a part of the Borosil Group and manufactures glassware, and instruments for scientific companies. The company was established in 1991, and is headquartered in Mumbai, Maharashtra.

Purpose of Investment

Borosil Scientific stated that the capital will help Goel Scientific Glass Works meet:

• Capital expenditure requirements
• Operational expenditure
• General corporate purposes

Shares Rise by 0.24% at ₹125.83

As of 3:25 PM, Borosil Scientific share price was up by 0.24%, or 0.30 points, and was trading at ₹125.83. Until now, the shares have traded within a range of ₹131.50 and ₹124.10. The traded volume stood at 64.03 thousand shares, with the company’s market cap at ₹1,117 crore. The shares have their 52-week high at ₹190.79 and their 52-week low at ₹107.42.

Investor Takeaway for Borosil Scientific

The investment of ₹11.68 crore by Borosil Scientific indicates that the company is financially healthy, and has funds to invest in its subsidiary. The investment will help the company expand further, increase its market presence, and contribute to its revenue. Investors have reacted positively to the news, leading to a share price rise.

REF: https://nsearchives.nseindia.com/corporate/BOROSCI_27112025125921_BSLInvestsigned.pdf

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