Yogi Limited announced a private placement of 3,000,000 common shares at an issue price of INR 27 per share for gross proceeds of INR 81,000,000 on June 24, 2023. The transaction will include participation from new investors, Ajay Kumar Tulshibhai Viradiya HUF for 38,000 shares, Prakashchand Sandh HUF for 220,000 shares, Hareshkumar R Shah HUF for 22,000 shares, Dinesh Dhanjibhai Italiya HUF for 22,000 shares, individual investors, Ajay Kumar Tulshibhai Viradiya for 38,000 shares, Vimlaben T Viradiya for 38,000 shares, Ramaben AjayKumar Viradiya for 38,000 shares, Shivani AjayKumar Viradiya for 38,000 shares, Ayushi Dhanesh Kansara for 12,000 shares, Gaurav Babubhai Mangukiya for 56,000 shares, Asha G Mangukiya for 56,000 shares, Suman Vijaykumar Sandh for 74,000 shares, Sanju Ganesh Sandh for 74,000 shares, Mahesh Kumar Naranbhai Jasoliya for 115,000 shares, Vandana Maheshkumar Jasoliya for 115,000 shares, Parshottambhai Khodabhai Mangukiya for 186,000 shares, Shardaben Parshotambhai Mangukiya for 115,000 shares, Hitesh Parshotambhai Mangukia for 185,000 shares, Parita Hitesh Mangukiya for 185,000 shares, Dharit N Dalal for 74,000 shares, Rajesh L Sheta for 19,000 shares, Sapana Rajeshbhai Sheta for 19,000 shares, Rupal Mehulbhai Sheta for 19,000 shares, Mehul L Sheta for 19,000 shares, Asmita P Bhayani for 37,000 shares, Ashokbhai Vashrambhai Jethva for 95,000 shares, Sarju Sumatilal Shah for 74,000 shares, Rajesh Sumatilal Shah for 74,000 shares, Rohit Kumar Bachubhai Patel for 166,000 shares, Pravinbhai Shamjibhai Mangukiya for 115,000 shares, Rishil Pravinbhai Mangukia for 115,000 shares, Rajakishor Gahan for 30,000 shares, Jayesh Kumar D Munjani for 185,000 shares, Dharmendra Zaverbhai Chauhan for 93,000 shares, Jigna Ajaybhai Gohel for 20,000 shares, Shilpa Mehta for 30,000 shares, Sapna Jain for 30,000 shares, Hareshkumar Rajmalbhai Shah for 22,000 shares, Seema Haresh Shah for 22,000 shares, Khushali Haresh Shah for 22,000 shares, Smit Haresh Shah for 22,000 shares, Dinesh Dhanjibhai Italiya for 22,000 shares, Sumita D Italiya for 22,000 shares, Sweli Darshit Morakhia for 22,000 shares, Pukhraj Mehta for 33,000 shares, Haresh Ganeshbhai Tavethia for 20,000 shares and Geetaben H Tavethia for 20,0000 shares.
The transaction is subject to approval from the extraordinary general meeting of members scheduled to be held on July 19, 2023.