On April 8, 2024, Kapil Cotex Limited, closed the transaction. The company issued 875,000 common shares at a price of INR 76.3 per share for the gross proceeds of INR 66,762,500. The transaction included participation from Prakash Chandra Rathi for 500,000 shares, Raj Laxmi Ganesh Totala for 100,000 shares, Kaustubh Ashish Rathi for 62,500 shares, Sangita Ashish Rathi for 62,500 shares, Pavan Madanlal Malpani for 25,000 shares, Ganesh Shivprasad Lahoti for 85,000 shares, Smita Shivprasad Lahoti for 40,000 shares.