Sankhya Infotech Limited announced that it will issue 3,000,000 equity shares of the company at a price of INR 10 per share for gross proceeds of INR 30,000,000 on December 21, 2022. The transaction will include participation from individual investors Tara Devi Mundada 50,000, Ratan Lal Mundada 50,000, Shyam Sunder Mundada 50,000, Brij Gopal Mundada 50,000, Navneet Mundada 40,000, Anurag Mundada 30,000, Krishna Das Mundada 30,000, Anand Mundada 30,000, Vipin Mundada 25,000, Piyush Mundada 25,000, Vihar Mundada 25,000, Rajiv Mundada 25,000, Gulshan Gupta 25,000, J Rama Tulasi 25,000, Vimal Aakash Jain HUF 20,000, Risabh Kochar 40,000, G Rukmini 60,000, Deekshita Bolishetty 30,000, Mukesh Choudhary 40,000, Mayur Kandoi 10,000, Jeswin Jose 10,000, Bimal Nawalekha 10,000, Ritesh Bhattad 70,000, Jaishri Lahoti 20,000, Suman Gupta 30,000, Sumit Sureka 10,000, Rakhi Bhattad 10,000, C Purushottam Bidada 100,000, Preethi Bidada 100,000, Vishwas Bidada 100,000, Nischay Bidada 20,000, Harsha Bidada 20,000, Vinay Karwa 20,000, Chanchal Rathi 10,000, Manish Kumar Dhoot 25,000, Anil Bhandari 20,000, Vikas Kothari 83,000, Rajendra Nihalchand Surana 167,000, Syed Baleequddin Nizaar 85,000, Ranga Reddy Tamma 20,000, Srinivas Kolasani 20,000, N Naga Subramanyam 20,000, Simhachalam Naidu Lekkala 20,000, Mamillapalli Satya Savarkar 930,000, Kilaru Rajeswara Rao 400,000 equity shares. The company will issue the common shares through preferential allotment.

The transaction has been approved by the board of directors of the company.