Bhartiya International Ltd. announced a private placement to issue 1,201,000 Fully Convertible Warrants at an issue price of INR 107.5 for the gross proceeds of INR 129,107,500 on May 7, 2024. The transaction will include participation from new investor Urbanac Projects Private Limited for 1,201,000 warrants. The transaction has been approved by the shareholders and is subject to shareholders which is to be held on June 3, 2024.