On March 22, 2024, Sellwin Traders Limited closed the transaction. The company has issued 3,17,80,000 Convertible Warrants at a price of INR 3.2375 for the gross proceeds of INR 102,887,750. The warrants will be convertible into equity shares at an exercise price of INR 9.7125 per share.

The warrants will be issued on preferential basis. Andhariya Darshan Biharibhai 50,000 shares, Pinakinbhai I Vora 50,000 shares Samir Ishvarbhai Lashkri 50,000 shares Sanghvi Jainam Ashwinkumar 10,000 shares Ashvinbhai Sanghvi 10,000 shares, Sangvi Bhavna A 10,000 shares, Ajay Natvarlal Timania 8,000 shares, Darshit Parasbhai Timania 8,000 shares, Timania Dimple Parasbhai 8,000 shares, Jigna Ajaybhai Timania 8,000 shares, Natavarlal Amrutlal Timania 12,000 shares, Parasbhai Natvarlal Timania 4,000 shares, Shah Nitaben Bharatbhai 20,000 shares, Akash Chandulal Shah (HUF) 20,000 shares, Shah Bharatbhai Himmatlal 20,000 shares, Jignesh Chandulal Shah (HUF) 20,000 shares, Bhavnaben Aravindbhai Jani 25,000 shares, Mayaben Madhavbhai Pateliya 50,000 shares, Ravi B Vithlani 50,000 shares, Waghwani Parth Nareshbhai 50,000 shares, Jani Hitksha 25,000 shares, Prakash Shantilal Gada 1,00,000 shares, Nirmalaben Shantilal Gada 1,00,000 shares, Bharatbhai Jinabhai Kambad 20,000 shares, Nikhil Indulal Vora 50,000 shares, Gangadhar Navnale 1,00,000 shares, Monaben Vipulbhai Langaliya 30,000 shares, Doshi Alpa Ketanbhai 1,00,000 shares, Doshi Jyosna Navinchandra 1,00,000 shares, Doshi Bhavna Prakashkumar 1,00,000 shares, Sonalben Kalpesh Shah 2,00,000 shares, Het Kalpeshkumar Shah 2,00,000 shares, Jenisha 2,00,000 shares, Shah Amit Bipinchandra 50,000 shares, Jainam Vijaybhai Vora 50,000 shares, Vora Naynaben Vijaybhai 1,00,000 shares, Vijaykumar Nagindas Vora 50,000 shares, Shah Keval C 1,50,000 shares, Harshadrai Shah 50,000 shares, Shah Gaurav Harshad Rai 50,000 shares, Vora Nirali Ben Jinith 10,000 shares, Jayendrabhai Navnitray Gandhi 15,000 shares, Gandhi Pritiben J 15,000 shares, Parekh Romil Jitendrakumar 10,000 shares, Parekh Naynaben Jitendrakumar 10,000 shares, Rahil N Himani 50,000 shares, Niraj Solanki 2,00,000shares, Monil N Vora 1,12,000 shares, Heeralaxmi Ulhas Kabse 5,00,000 shares, Khushi Ravindra Dhanawade 5,00,000 shares, Mahesh Anand Dhanawade 5,00,000 shares,Sanas Mangesh Sahadeo 5,00,000 shares, Nitin Popat Pawar 5,00,000 shares, Ravindra Ganpat Dhanawade 5,00,000 shares, Sunita Mahesh Dhanavade 5,00,000 shares, Vasant Laxman Sanas 5,00,000 shares, Vaijayanta Ravindra Dhanawade 5,00,000shares, Yogesh Sahadev Sanas 5,00,000 shares, Ulhas Tukaram Kabse 5,00,000 shares, Vishal C Suthar 11,00,000 shares, Chandrikaben C Suthar 10,00,000 shares, Jaynish Amratlal Shah 4,25,000 shares, Jaynish Amratlal Shah HUF 1,25,000 shares, Sanghvi Amratlal Nawalmal HUF 1,25,000 shares, Amratlal Nawalmal Sanghvi 1,25,000 shares, Ankitkumar Vihol 21,50,000 shares, Hetal Shashikant Mesariya 21,50,000 shares, Mona Viral Shah 3,00,000 shares, Jitendrasinh Chauhan 20,00,000 shares, Udesinh Bhikhaji Chauhan 20,00,000 shares, Ajay Nanakbhai Jani 20,00,000 shares, Patel Vipinbhai Mohanbhai 17,00,000 shares, Gajjar Margi Indravadan 17,50,000 shares, Vedant Rakesh Panchal 21,50,000 shares, Santokben Dahyabhai Patel 1,00,000 shares, Dahyabhai Narabhai Patel 1,00,000 shares, Darsh Dhirabhai Patel 1,00,000 shares, Falgun A Yagnik HUF 5,00,000 shares, Neela Falgun Yagnik 5,00,000 shares, Raval Helly Jayesh 5,00,000 shares, Aditya Jagdishkumar Patel 1,64,000 shares, Patel Avinash Bharatbhai 9,000 shares, Anjali Alpesh Patel 9,000 shares, Sarojben Rajnikant Shukla 10,00,000 shares, Kamleshbhai Jayantilal Shah 1,00,000 shares, Falguni kamlesh Shah 1,00,000 shares, Kamlesh J Shah HUF 1,00,000 shares, Patel Priyanka Hemalkumar 1,50,000 shares, Dhruv Mehul Shah 2,00,000 shares, Mitaben Prakashbhai Shah 2,00,000 shares, Jayantkumar Haribhai Patel 1,00,000 shares, Sonal Bhattbhatt 5,00,000 shares, Nitinbhai J Mistry 9,000 shares, Bhadresh J Bhavsar 9,000 shares.