Harshil Agrotech Limited announced a private placement to issue 40,000,000 pre-paid convertible warrants at an issue price of INR 2.75 per warrant for the gross proceeds of INR 110,000,000 on April 19, 2024. The transaction will include participation from new investors Jekon Exports Private Limited, Pastime Solutions Private Limited, Mandar Exim Private Limited, Ajay Patel, Jignesh Babubhai Patel, Hardik Sakalchand Patel, Alpeshkumar Ghanshayambhai Patel, Kirankumar Ramsingbhai Bamaniya, Daxa Patel, Anil Sevantilal Patel, Shobhanaben Anil Patel, Rahulbhai Mathurbhai Parmar, Hanshraj Satishbhai Parmar, Milankumar Kanubhai Bhuriya, Bhuriya Alkeshbhai, Sanjaybhai Kalubhai Chauhan, Patriotic Tradelink Private Limited, Ushaben Dahyabhai Chavda and Snehal Harshad Chavda. The transaction has been approved by shareholders and is subject to general shareholders which is to be held on May 20, 2024.