On January 4, 2023, Titan Intech Limited closed the transaction. The company issued 89,50,000 equity share warrants at an issue price of INR 6.5 per warrant for gross proceeds of INR 58,175,000. The transaction was approved by board of directors of the company.

The transaction included participation from Gkml Software Technologies Pvt. Ltd. for 1,000,000 warrants, Pinnamaneni Estates Private Limited for 1,500,000 warrants, KOTVAK LOGISTICS LLP for 1,000,000 warrants, PVV AGRO PRIVATE LIMITED for 1,000,000 warrants, GRAI CONSTRUCTIONS LLP for 1,000,000 warrants, PNRK & SONS for 1,000,000 warrants, SABRIYA FISHERIES LLP for 1,000,000 warrants and individual investors BOPPUDI SWAPNIKA for 620,000 warrants, BATTULA RAVICHANDRA BABU for 100,000 warrants, PURNA KUMAR ARIGAPUDI for 100,000 warrants, RUDRARAJU VENKATA USHARANI for 100,000 warrants, KUNDERU TIRUMALA RAO for 100,000 warrants, SRINIVASAKUMAR SARASWATHULA for 50,000 warrants, VALURI LALITHA RANI for 50,000 warrants, APPALA SRINIVASU for 50,000 warrants, A V B VALLI for 50,000 warrants, PARTHA SARADHI REDDY for 50,000 warrants, VADAPALLI RAMYA for 50,000 warrants, KOTTALA GULAB JAN for 50,000 warrants, BEESU SURESH BABU for 20,000 warrants, ITHAGONI THIRUMALLESH for 20,000 warrants, PRATIMA for 20,000 warrants, OM PRAKASH DUBASI for 10,000 warrants and CHENNURI PAVAN for 10,000 warrants.