Roni Households Limited announced a private placement of up to 543,600 common shares at the price of INR 41 per share for gross proceeds of INR 22,287,600 on March 6, 2024. The securities will be issued on preferential basis. The transaction has been approved by board of directors of the company.

The transaction still needs to be approved at the extra-ordinary general meeting of the company to be held on March 28, 2024. The transaction included participation from new investors Sandeep Vijaykumar Lulla 145,800; Deepak Jaipaldas Kakani 84,600; Rajeshwar Dilip Suryavanshi 99,000; and other investors.