Inter Globe Finance Limited announced a placement to issue 6,835,000 convertible warrants at an issue price of INR 11.625 per warrant for the gross proceeds of INR 79,456,875 on May 27, 2024. The transaction included participation from new invetsors Dolly Jain 100,000 warrants, Seema Jain 100,000 warrants, Sonu Jain 100,000 warrants, Ruchika Jain 100,000 warrants, Pramod Jain  1,000,000 warrants, Rakhi Jain 250,000 warrants, Manju Jain 1,000,000 warrants, Pramod Jain HUF 200,000 warrants, Suresh Kumar Pramod Kumar HUF 200,000 warrants, Navin Jain HUF 50,000 warrants, Seema Gupta 100,000 warrants, Amit Goyal 12,500 warrants, Meenu Goyal 12,500 warrants, Ramesh Chandra Mishra 25,000 warrants, Vikash Kedia 50,000 warrants, Vikash Kedia HUF 50,000 warrants, Saurav Poddar 100,000 warrants, Saurav poddar HUF 100,000 warrants, Shradha Jain 700,000 warrants, Vijay Kumar Jain 700,000 warrants, Arvind Bothra HUF 500,000 warrants, Sangam Finserv Limited 250,000 warrants, Sunita Jain 25,000 warrants, Sunita Kapoor 12,500 warrants, Anurag Soni HUF 50,000 warrants, Abhisekh Somani HUF 25,000 warrants, Ram Kishore Bang 50,000 warrants, Shilpi Chhajer 25,000 warrants, Rohit Saboo 10,000 warrants, Santosh Bagrecha 12,500 warrants, Anubhav Goenka 25,000 warrants, Siddharth Jain HUF 100,000 warrants, Ravi Jain 375,000 warrants, Ravi Jain HUF 375,000 warrants, Vidit Jain 25,000 warrants and Pritha Beriwal(KMP) 25,000 warrants. The transaction has been approved by shareholders of the company.