Tahmar Enterprises Limited announced a private placement of 71,600,000 common shares at a price of INR 1 for the gross proceeds of INR 71,600,000 and 79,600,000 equity warrants at a price of INR 1 for the gross proceeds of INR 71,600,000 and 90,000,000 9% non-convertible cumulative redeemable preference shares at a price of INR 90,000,0000 for the total gross proceeds of INR 241,200,000 on November 24, 2023. The equity shares will include participation from individual investors, RAJSHEKHAR CADAKKETH RAJSEKHAR NAIR for 6,500,000 shares, SARITA ALICE SEQUEIRA for 45,000,000 shares, SHON ANTONY SEQUEIRA for 500,000 shares, SUSEELA RAJASEKHARAN NAIR for 1,400,000 shares, LAKSHMI RAJASHEKHARAN NAIR for 500,000 shares etc. and warrants will include participation from RAJSHEKHAR CADAKKETH RAJSEKHAR NAIR for 29,600,000 warrants, SARITA ALICE SEQUEIRA for 30,000,000 warrants, CELIN KURUVILLA for 10,000,000 warrants, BINU KURUVILLA for 10,000,000 warrants, SEEBHAL DISTILLERY PVT LTD for 90,000,000 preference shares.