Munoth Capital Market Limited has announced a private placement of 175,000 equity shares at issue price of INR 75 for gross proceeds of INR 13,125,000 on preferential basis on January 5, 2024. The transaction includes participation of returning investor Symphony Investments Pvt Ltd for 175,000 equity shares. The transaction has been approved by the board of directors of the company and is subject to the approval of of members of the company.

All the securities issued under this offering is subject to a lock-in as prescribed under the applicable provisions of the SEBI ICDR regulations.