IM+ Capitals Limited announced a private placement to issue 1,730,000 convertible warrants at an issue price of INR 143 for the gross proceeds of INR 247,390,000 on April 22, 2024. The transaction will include participation from Sonal Singhal 800,000 warrants, Sangram Keshari Ray 2,000 warrants, Vinay Jain 10,000 warrants, Sunita Jugalkishor Nangalia 70,000 warrants, Harsh Nangalia 75,000 warrants, Garima Nevatia 80,000 warrants, Anita Nevatia 75,000 warrants, Veena Bansal 70,000 warrants, Bhajan Lal Bansal 75,000 warrants, Shipra Bansal 80,000 warrants, Sudhir Bansal 75,000 warrants, Samyak Bansal 70,000 warrants, Satish Bansal 75,000 warrants, Santosh Devi Bansal 80,000 warrants, Parichay Bansal 78,000 warrants, Capcom Adwisers LLP 10,000 warrants and Satish Kumar Shahi 5,000 warrants. The transaction has been approved by shareholders.