Containerway International Limited announced a private placement of 4,850,000 equity shares at a price of INR 5 per share for the gross proceeds of INR 24,250,000 and 3,613,882 pre-paid equity warrants at a price of INR 1.25 per warrant for the gross proceeds of INR 4,517,352.5; for total gross proceeds of INR 28,767,352.5 on May 29, 2024. The transaction has been approved by the shareholders of the company and warrant exercise price is INR 3.75 per warrant. The transaction will include participation from Arjavi Hemantbhai Bhoot for 200,000 shares, Arun Gupta for 25,000 shares, Ashish Chugh for 200,000 shares, B Rakesh Chordia for 25,000 shares, Bosco Armando Menezes for 100,000 shares, Devi Salecha for 25,000 shares, Divick Kishore for 25,000 shares, Divya Aggarwal for 125,000 shares, Punit Kumar Agarwal for 50,000 shares, Emily Bosco Menezes for 100,000 shares, Gladis Menezes for 150,000 shares, Chintan Bharat Rupapara for 200,000 shares, Jagdish Prasad Choudhary for 25,000 shares, Jalpa Bhuva for 55,000 shares, Kamal Sonagara for 25,000 shares, Kanchan Sharma for 25,000 shares, Kejal Jain for 25,000 shares, Madhu Rungta for 25,000 shares, Mahendra G Wadhwani for 200,000 shares, Mahesh Bhuva for 25,000 shares, Manoj Hansaria for 75,000 shares, Megha Jain for 50,000 shares, Mukta Jain for 25,000 shares, Nitin Kumar Agarwal for 50,000 shares, Nitin Shah for 50,000 shares, Deepa Gupta for 50,000 shares, Pradeep Gupta for 50,000 shares, Payalben Bhuva for 25,000 shares, Rahul Ishwarlal Velani for 25,000 shares, Ramaben Bhuva for 25,000 shares, Ratanben R Jain for 25,000 shares, Rishab Kothari for 25,000 shares, Rohan Jain for 25,000 shares, Sagarkumar D Ghetia for 110,000 shares, Satish Goyal for 25,000 shares, Shipra Bathla for 50,000 shares, Siddharth Jain for 25,000 shares, Some Nath Paul for 25,000 shares, Subhi Soni for 25,000 shares, Sudhanshu Kanda for 175,000 shares, Sujata Rao for 25,000 shares, Atul Kumar Mangal for 25,000 shares, Vandana Sachdeva for 25,000 shares, Ashvin Ranchhodbhai Varsani for 55,000 shares, Nitin Aggarwal for 50,000 shares, Vijay Narayandas Amlani HUF for 150,000 shares, Vishal Sanjay Mehta for 25,000 shares, Yash Doshi for 25,000 shares, Shalini Juneja for 25,000 shares, Hitesh Ramesh Rambhia for 50,000 shares, Anand Gupta for 25,000 shares, Mahek Aggarwal for 25,000 shares, Sonika Aggarwal for 25,000 shares, Manav Aggarwal for 25,000 shares, Nischal Mittal for 50,000 shares, Sachin Bahl for 25,000 shares, Shikha Aggarwal for 25,000 shares, Shweta Singhal for 50,000 shares, Ratilal D Satodiya for 50,000 shares, Ajit Talakchand Dalal for 25,000 shares, Deepak Bharat Kumar Trivedi for 25,000 shares, Drashti Ajay Mehta for 25,000 shares, Hetal Manishbhai Shah for 25,000 shares, Isha Ketan Anandpara for 40,000 shares, Jainam Uday Shah for 135,000 shares, Jayshree Paresh Jogi for 40,000 shares, Jignesh Madhukant Mehta for 405,000 shares, Manish Navnitlal Shah for 25,000 shares, Monika U Shah for 135,000 shares, Mukesh Bherulal Jain for 25,000 shares, Pankaj Dhanshukhlal Dani for 25,000 shares, Prerna Vadan Shah for 20,000 shares, Reshma Rahul Shah for 25,000 shares, Sandhya Kiran Shah for 25,000 shares, Sushila Ishvarlal Shah for 50,000 shares, Uday R Shah HUF for 135,000 shares, Vadan Chhabildas Shah for 20,000 shares, Varsha Ashok Desai for 25,000 shares, Vibha P Shethiya for 40,000 shares, Vineet Pravin Mehta for 50,000 shares, Sudha Pandey for 50,000 shares, Mohammed Farooque Mehmudkhan Pathan for 10,000 shares, Shashank Shekhar Chaturvedi for 50,000 shares Bansi Lal Jain for 100,000 shares and Sanket Deora for 5,68,221 warrant, Yeshwant Bothra for 28,45,661 warrants, Niranjan Jain for 200,000 warrants.