Kkrrafton Developers Limited announced a private placement to issue 3,500,000 Equity Shares at an issue price of INR 210 per share for the gross proceeds of INR 735,000,000 on July 4, 2024. The transaction will include participation from new investors Ankush Rajkumar Dabhane 290,000 shares, Rahul Ratansingh Sikarwar 360,000 shares, Govindsingh Bhavnathsingh Rajbhar 410,000 shares, Kuldeep Ranvirsingh Tomar 330,000 shares, Dhaval Shankarbhai Rabari 350,000 shares Pooja Pragnesh Dave 330,000 shares, Pragneshkumar Girishchandra Dave 350,000 shares, Bhargavsinh Nandkishorsinh Chauhan 360,000 shares, Dhruv Pradipkumar Shah 360,000 shares and Alkaben Pradipkumar Shah 360,000 shares. The transaction has been approved by shareholders and is subject to general shareholders to be held on August 1, 2024.