Shri Keshav Cements and Infra Limited announced a private placement of 19,20,000 fully paid-up Equity Shares of face value of INR 10 on a Preferential Basis, at a price of INR 125 per Equity Share(including a Premium of INR 115 per Equity Share) for the gross proceeds of INR 240,000,000 on March 21, 2023. The transaction included participation from individual investors Venkatesh Katwa for 2,80,000 shares,Roopa V Katwa for 1,20,000 shares,Aachal V Katwa for 80,000 shares,Krishna V Katwa for 80,000 shares,Vilas H Katwa for 4,00,000 shares, Tina V Katwa for 1,60,000 shares, Deepak H Katwa for 4,60,000 shares and Prajakta D Katwa for 1,00,000 shares. The transaction has been approved by the board of directors of the company.