On February 19, 2024, Garg Furnace Limited closed the transaction. The transaction will include participation from new investor, BGP 11 Analytics Private Limited for 300,000 warrants INR 14,625,000, individual investors, Devinder Garg for 700,000 warrants INR 34,125,000, Vaneera Garg for 700,000 warrants INR 34,125,000, Toshak Garg for 400,000 warrants INR 19,500,000, Daksh Garg for 400,000 warrants INR 19,500,000, Sangeeta Pareekh for 300,000 warrants INR 14,625,000.