On March 14, 2023, Manomay Tex India Limited closed the transaction. The company amended the terms of the transaction and issued 3,365,385 equity shares at issue price of INR 104 per share for gross proceeds of INR 350,000,040. In the transaction, Kailashchandra Hiralal Laddha subscribed to 98,982 shares for INR 10,294,128; Kantadevi Kailashchandra Ladha subscribed to 137,255 shares for INR 14,274,520; Ladha Kailashchandra Hiralal HUF subscribed to 132,353 shares for INR 13,764,712; Maheshchandra Kailashchand Ladha subscribed to 147,059 shares for INR 15,294,136; Pramila Maheshchand Ladha subscribed to 147,059 shares for INR 15,294,136; Ladha Maheshchandra Kailashchandra HUF subscribed to 132,353 shares for INR 13,764,712; Pallavi Laddha subscribed to 392,157 shares for INR 40,784,328; Ashishkumar M Laddha subscribed to 137,255 shares for INR 14,274,520; Kamlesh Kailashchand Ladha subscribed to 118,213 shares for INR 12,294,152; Seema Kamlesh Laddha subscribed to 98,039 shares for INR 10,196,056; Fashion Suitings Private Limited subscribed to 490,196 shares for INR 50,980,384; ShreeShyam Agrocrop Private Limited subscribed to 49,020 shares for INR 5,098,080; Sheral Singhvi subscribed to 19,608 shares for INR 2,039,232; Bhagchand Bumb subscribed to 117,647 shares for INR 12,235,288; Aman Jain subscribed to 88,235 shares for INR 9,176,440; Aruna Jain subscribed to 68,627 shares for INR 7,137,208; Anju Melana subscribed to 24,510 shares for INR 2,549,040; Radha Devi Melana subscribed to 24,510 shares for INR 2,549,040; NNM Nextgen Advisory Private Limited subscribed to 746,230 shares for INR 77,607,920; and Vibhuti Commodities Private Limited subscribed to 196,077 shares for INR 20,392,008.