Goblin India Limited announced a private placement of 600,000 convertible equity pre paid warrants at a price of INR 17 per warrant for the gross proceeds of INR 10,200,000 on May 10, 2024. The warrants will be exercisable at an exercise price of INR 51 per share. The transaction will include participation from new investors, Yatin Hasmukhlal Doshi for up to 300,000 warrants, Dhavni Doshi up to 150,000 warrants, Dhruvi Doshi up to 150,000 warrants.

The transaction has been approved by the shareholders of the company.