Sheetal Diamonds Limited announced a private placement of 1,500,000 Equity Shares at a price of INR 9 per share for gross proceeds of INR 13,500,000 on October 26, 2023.The shares will be issued on preferential basis to non-promoters Mr. KaramveerYugraj Jain, Jain Karamveeryugraj HUF, Ms. Abhilasha Rajiv Bokaria, Ms. Kavita Vasant Bokaria, Mr. Vasant Maniklal Bokaria, Mr. Rajiv Maniklal Bokaria, Rajiv M Bokaria HUF, Vasant M Bokaria HUF and Mr. Naman Binani. The allotment has been approved by the preferential issue committee of the company.