S.J.S. Enterprises Limited announced a private placement of 600,000 common shares at an issue price of INR 500 per share for gross proceeds of INR 300,000,000 on preferential basis on May 3, 2023. The transaction will include participation from returning individual investor, K.A. Joseph for 600,000 shares. The transaction has been approved by board of directors of the company and is subject to the shareholders' approval.