Repro India Limited announced a private placement to issue 1,111,108 common shares at an issue price of INR 765 per share (INR 755 premium) for the gross proceeds of INR 849,997,620 on August 17, 2023. The transaction will include participation from new investors Think India Opportunities Master Fund LP for 653,694 shares for INR 499,999,910, Sapphire Intrex Limited for 130,718 shares for INR 124,999,470, VPR Enterprises LLP for INR 99,999,270, Astralit Investment Private Limited for 98,039 shares for INR 74,999,835 and GDN Investments Private Limited for 65,359 shares for INR 49,999,635 shares. The transaction has been approved by the general shareholders and is subject to approval of the Shareholders which will be held on September 13, 2023 and such Statutory and Regulatory approvals.

Before allotment, Astralit Investment Private Limited will hold 26051 shares for 0.20% stake. Post completion, Think India Opportunities Master Fund LP for 6,53,594 shares for 4.55% stake, Sapphire Intrex Limited for 1,63,398 shares for 1.14% stake, VPR Enterprises LLP for 1,30,718 shares for 0.91% stake, Astralit Investment Private Limited for 1,24,090 shares for 0.86% stake, GDN Investments Private Limited for 65,359 shares for 0.46% stake.