Techindia Nirman Limited (BSE:526576) announced a private placement of 78,000 non-convertible redeemable preference shares at an issue price of INR 100 per share for gross proceeds of INR 7,800,000 on March 30, 2021. The transaction will involve participation from ASHU FARMS LLP and Tingli Finvest Pvt Ltd. The transaction has been approved by the board of directors of the company.