On February 18, 2023, Paramount Communications Limited closed the transaction. The company has issued 6,23,25,925 convertible equity warrants at a price of INR 5.40 per warrant for gross proceeds of INR 336,559,995. The INR 16.17 will be paid by the investors at the time of exercising the warrants.

The transaction included participation from Nexpact Limited for 1,00,00,000 warrants, AG Dynamic Funds Limited for 1,00,00,000, Shankar Shashi Sharma for 10,00,000, Zenith Multi Trading Dmcc for 51,75,000, EXPERTPRO REALTY PVT LTD. for 35,00,000, Money Plant Pictures LLP for 35,00,000, Aditya Kumar Halwasiya for 30,00,000, Shruti Mohta for 15,00,000, Varun Agrawal for 15,00,000, Preeta Goyal for 15,00,000, Vidya Metal Manufacturing Company Private Limited for 15,00,000, Tinu Kakaria for 12,00,000, Shreya Gupta for 11,00,000, Ayushi Gupta for 11,00,000, Amit Gupta for 10,00,000, Nav Capital VCC- Nav Capital Emerging Star Fund, a fund managed by Turning Leaf Asset Management Pte. Ltd. for 10,00,000, Anoop Jain (HUF) for 10,00,000 , Algoquant Fintech Limited for 10,00,000, NX Block Trades Private Limited for 10,00,000, Monesh Israni for 10,00,000, Deepika gupta for 10,00,000, Jitendra Rasiklal Sanghavi for 9,25,925 23, THAPAR BUILDERS (P) LTD. for 10,00,000, Dilip P bhat for 7,00,000, Rahul Soni for 5,00,000, Minal Prakash Deshpande for 5,00,000, Sharda Subhashchandra Bhat for 5,00,000, Anoop Jain for 5,00,000 Real & Sons for 5,00,000, Ali Akbar Parvez Khan for 5,00,000, SCJ Colours Private Limited for 5,00,000, Goldrush Capital Services Private Limited for 1,00,000, Sharad Goel for 3,50,000, Wow Investment Solutions Private Limited for 3,50,000 Hypotenuse Corporation Private Limited for 3,50,000, Payal Sanghavi for 3,00,000, Rekha Bhandari for 2,50,000, Sneha Bhandari for 2,50,000, Sunil Bhandari for 2,50,000, Prajal Bhandari for 2,50,000, Swati Agrawal for 2,00,000, Sanjay Harshadrai Mehta for 2,00,000, Dipak Raheja for 1,50,000, Nandura Estates for 1,50,000, Ten Eighty Investments for 1,50,000, Noida Holdings Private Limited for 1,00,000, VRV Advisory Private Limited for 1,25,000, Ketan Sharma for 50,000 and Sudha Malik for 50,000 warrants.