On June 6, 2024, UGRO Capital Limited closed the transaction. The company amended the terms of the transaction and issued 9,236,669 compulsorily convertible debentures at an issue price of INR 264 per debenture for the gross proceeds of INR 2,438,480,616 and 17,643,843 warrants at an issue price of INR 264 per warrant for the gross proceeds of INR 4,657,974,552 for the aggregate gross proceeds of INR 7,096,455,168. The 25% issue price of warrant is paid and the remaining 75% of the warrant issue price shall be paid upon the conversion of the warrant in accordance with the terms of the issuance.

The transaction included participation from 164 investors.