Sulur Maharaja Solar Green Power Private Limited announced a private placement of 218,700 equity shares at a price of INR 10 per share for gross proceeds of INR 2,187,000 on October 30, 2023. The transaction will include participation from new investor Craftsman Automation Limited for 27% stake in the company. The transaction was approved by the board of directors of the investor.
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- Sulur Maharaja Solar Green Power Private Limited announced that it expects to receive INR 2.187 million in funding from Craftsman Automation Limited