On February 7, 2024, Kilburn Engineering Limited closed the transaction. The company has now issued 2,550,000 common shares at an issue price of INR 166 per share for the gross proceeds of INR 423,300,000 and 3,650,000 convertible warrants at an issue price of INR 41.5 per warrant for the gross proceeds of INR 151,475,000; for aggregate gross proceeds of INR 574,775,000 in the transaction.