SRG Housing Finance Limited announced a private placement of 500,000 warrants at a price of INR 200 per warrant for gross proceeds of INR 100,000,000 on August 27, 2022. Each warrant is convertible into one equity share and is exercisable for 18 months from the date of issue. The transaction included participation from Vinod Kumar Jain, promoter of the company for 300,000 shares for gross proceeds of INR 60,000,000 and Arun Kumar Ganeriwala for 200,000 shares for gross proceeds of INR 40,000,000.

The transaction has been approved by the company's board of directors. the transaction is subject to approval by the shareholders of the company in the extraordinary general meeting of the company.