Supra Pacific Financial Services Limited announced a private placement of 7,682,500 equity shares of face value of INR 10 at an issue price of INR 20 per share for the gross proceeds of INR 15,36,50,000 on October 18, 2023. The shares will be issued on preferential basis. The transaction has been approved by the board of directors of the company.

The transaction will include participation from a group of individual investors.