Suncare Traders Limited announced that it has issued 86,670,000 pre-paid warrants at an issue price of INR 0.50 per share for the gross proceeds of INR 43,335,000 on July 25, 2023. The transaction will include participation from returning investors SHAH ENTERPRISE for 30,000,000 warrants, SAVJANI ENTERPRISE for 30,000,000 warrants, and SIDDHI POWER LIMITED for 26,670,000 warrants. The transaction has been approved by the shareholders of the company and is converted into common shares.