G.R. Cables Limited announced that it will issue 80,00,000 common shares at an issue price of INR 10 per share for gross proceeds of INR 8,00,00,000 on January 22, 2024. The transaction will include participation from individual investors, Ratakonda Vivek Kumar for 4,80,000 shares and Srinivas Pagadala for 75,20,000 shares. The transaction has been approved by the board of directors of the company.