Ami Organics Limited announced a private placement that it will issue 799,193 equity shares of face value of INR 10 each at an issue price of INR 1,240 per share for the gross proceeds of INR 990,999,320 on April 26, 2024. The transaction will include participation from Ashoka India Equity Investment Trust Plc for 154,839 shares; Ashoka Whiteoak Emerging Market Trust Ple for 14,516 shares; India Acorn Fund Limited for 85,484 shares; Ashoka WhiteOak ICAV ~ Ashoka WhiteOak India Opportunities fund for 403,226 shares; Ashoka WhiteOak ICAV - Ashoka WhiteOak Emerging Mrkets Equity Fund for 18,548 shares; Wite Oak India Select Equity Fund for 30,645 shares; Wite Oak India Equity Fund Il fpr 36,290 shares; Wite Oak India Equity Fund V for 38,710 shares; Wite Oak India Equity Fund V! for 16,935 shares. The transaction has been approved by the board of directors of the company.