Srestha Finvest Limited announced a private placement 250,000,000 Fully Convertible Warrants carrying a right exercisable by the warrant holder to subscribe to one Share per warrant to non-promoter on preferential basis, at an issue price of INR 2 per warrant for aggregate proceeds of INR 500,000,000 on September 16, 2022. The transaction include participation from Aryadeep Infrahomes Private Limited, Phagun Enterprises Private Limited, Waybroad Trading Private Limited, NEXUS NIWAS PRIVATE LIMITED, Kalashdhan Barter private limited, Arrowspace Advisors Pvt Ltd, Woodland Retails Private Limited, Shristidata Distributors Private Limited, Ambashree Distributors Private Limited and N. S. Longia Parivahan Private Limited for 25,000,000 warrants each. The transaction was approved by the board of directors of the company.