Constronics Infra Limited announced a private placement of up to 63,20,000 common shares at a price of INR 50 per share for the gross proceeds of INR 316,000,000 on March 30, 2024. The transaction has been approved by the shareholders of the company and is subject to the approval of regulatory/ statutory authorities and the shareholders of company. The transaction will include participation from new individual investors A Nithya for 16,00,000 shares, S Harsha for 8,00,000 shares, P Sathiyamoorthi for 6,00,000 shares, Jothi V 4,10,000 Shares, M Venkatesh Babu for 4,00,000 shares, Loganath for 360,000 shares, M Navamani for 2,50,000 shares, Amuthavalli R for 2,00,000 shares, S Aravindan for 2,00,000 shares, Hariharan Vadivel for 2,00,000 shares, G Mahendran for 2,00,000 shares, Manonmani Kumar for 1,50,000 shares, Kiruthika for 1,00,000 shares, Lazar Micheal for 1,00,000 shares, A Natarajan for 1,00,000 shares, Bindhu for 100,000 shares, Anitha for 100,000 shares, Venugopal B for 60,000 shares, A Kunguma Devi for 50,000 shares, Elango P for 50,000 shares, Manonmani C for 50,000 shares, Rangachari Srikanth for 40,000 shares, A Sasikumar for 40,000 shares, APG Estates for 40,000 shares, D Sekar for 30,000 shares, M Manimaran for 20,000 shares, R Subbulakshmi for 20,000 shares, Aruchamy A for 20,000 shares, Harit Oberoi for 20,000 shares and Palanivelu for 10,000 shares.