Astal Laboratories Limited announced a private placement to issue 5,719,930 warrants at an issue price of INR 10 per warrant for the gross proceeds of INR 57,199,300 on July 6, 2024. The transaction will include participation from new investors Aceso Research Labs LLP 1,640,000 warrants, Doradla  Radha  Krishna HUF 500,000 warrants, Venkata  Kasi  Anuradha Yakkala 240,000 warrants, Sanku Durga Sree 20,000 warrants, Venkata Nagasailaja Kurmala 20,000 warrants, Murthy Kolla V S S R 10,000 warrants, Prasunamba Kuchimanchi 70,000 warrants, R Vijaya Shanthi 80,000 warrants, Rukmini Prabha Namburi 50,000 warrants, JNV Suresh Kumar 230,000 warrants, Bukka Niranjan Kumar 100,000 warrants, Bukka Naga Venkata Satish Gupta 100,000 warrants, Sagar Praful Shah 100,000 warrants, Neha Sagar Shah 100,000 warrants, Sri Harsha Soma 150,000 warrants, Soma Swati 150,000 warrants, E Venkatachalam Prasad 400,000 warrants, S Subhalalitha 100,000 warrants, Kopuri   Vijaya   Kumar Gupta 100,000 warrants, Paleth Shree Kumar Menon 100,000 warrants, Doradla Ranga Rao 100,000 warrants, Sailaja Arun Kumar 100,000 warrants, Tankala Lakshmi Gayatri Pravallika 30,000 warrants, Patibandla Brahmaiah 150,000 warrants, Vupparapalli Chandra Sekhar Reddy 250,000 warrants, Vupparapalli Pavani 250,000 warrants, Harish Kommera 117,000 warrants, Sesha  Sai Nikhil Chintalapati 117,930 warrants, Sudheer Karna Kankanala 20,000 warrants, Kamalakara Rao Yechuri 25,000 warrants, K Balagopala Krishna Rao 100,000 warrants and Sreedevi Patibandla 200,000 warrants. The transaction has bene approved by shareholders of company.