Focus Business Solution Limited announced a private placement of 600,000 common shares at a price of INR 33.26 per share for the gross proceeds of INR 19, 956,000 on February 22, 2024. The transaction will include participation from individual investors, MOHAMEDYASEEN MUHAMMADBHAI NATHANI for 390,000 shares, MOHAMEDAMIN MOHAMMAD NATHANI for 75,000 shares, MOHAMEDSAJID MOHAMED NATHANI for 75,000 shares, MOHAMEDASLAM MUHAMMADBHAI NATHANI for 60,000 shares. The transaction has been approved by the shareholders of the company.

The shares will be issued on preferential basis.