Lambodhara Textiles Limited (BSE:590075) announced a private placement of 800,000 common shares on January 8, 2021. The transaction will include participation from returning investor Strike Right Integrated Services Limited for 400,000 common shares and Bosco Giulia for 400,000 shares. The face value of the shares id INR 5 per share. The The price at which the equity shares issued shall be not lower than the floor price calculated accordance with Regulation 164 of the SEBI ICD Regulations. The company will issue the securities on the basis of preferential issue. The transaction was approved by the board of directors of the company.