On April 16, 2024, SI Capital & Financial Services Limited closed the transaction. The company issued 900,000 common shares at an Issue Price of $16.25 for a gross proceeds INR14,625,000 and 550,000 convertible warrants at an issue price of INR 4.0625 for gross proceeds INR 2,234,375, bringing proceeds to INR 16,859,375. The transaction included participation from returning investor Sharewealth Securities Ltd for 150,000 warrants INR 609,375, and individual investors Jayson A Mekkattukulam for 4,50,000 shares 200,000 warrants INR 8,125,000 and Jyothish AR for 200,000 warrants and 450,000 shares .

The transaction has been approved by shareholders and is subject to general shareholders of the company.