Trejhara Solutions Limited announced a private placement of 2,700,000 common shares at a price of INR 90 per share for gross proceeds of INR 243,000,000 on September 6, 2023. The shares have a face value of INR 10 per share. The shares will be issued on preferential basis.

The transaction will include participation from new investors Ajay Sarupria for 700,000 shares; Shatrunjay Credit Services Limited for 500,000 shares; Priceline Securities and Investments Private Limited for 300,000 shares; Anubhai Nathalal Gopani for 200,000 shares; Parul Parmar for 100,000 shares; Shailesh Hingarh for 50,000 shares; Sabena Akshay Widhani for 50,000 shares; Nita Nishit Dhruva for 50,000 shares; Vijay Misquitta for 50,000 shares; Shweta Agarwal for 50,000 shares; returning investors Sanjay Natverlal Shah for 350,000 shares; Ashish Mehta for 300,000 shares; Anubhai Nathalal Gopani for 200,000 shares; Parul Parmar for 100,000 shares. The transaction has been approved by the board of directors of the company.