PTC Industries Limited announced a private placement of 281,000 common shares at an issue price of INR 2,349 per share and 630,170 fully convertible warrants at a price of INR 2,349 per warrant for gross proceeds of INR 2,140,338,330 on October 20, 2022. The transaction will include participation from 57 investors including AG Dynamic Funds Limited for 300,000 warrants, Ajinkya Mercantile Private Limited for 4,300 common shares, Aniruddha Lakhani for 4,300 shares, Anup Gupta for 4,300 common shares, Anuradha Khan for 21,300 warrants, Chetan Shah for 6,400 shares, Chhatisgarh Investments Limited for 3,000 shares and 7,000 warrants, Deepak K Mehta for 4,300 shares, Dhruv Narayan Purohit for 4,300 shares, Girish Sareen for 12,800 warrants, Harsh Saraf for 10,700 shares, Hemlatha Raghava Suvarna for 8,600 shares, Hiten Popatlal Shah for 8,600 shares, Hypotenuse Investments for 7,000 warrants, Jasbir Singh Chouhan for 21,300 warrants, Jignesh Patel for 10,750 warrants, Jvs Comatsco Industries Private Limited for 26,200 warrants, Kailash Dinodia for 8,600 shares, Krishna Kumar Daga for 4,300 shares, Lalit Balmukund Agrawal for 23,405 warrants, Mala Girish Sareen for 12,800 warrants, Megha Dhamija for 4,300 shares and 17,000 warrants, Mukul Saxena for 13,640 warrants, Pankaj Prasoon for 23,000 warrants, Prakash Sarda for 8,600 shares, Pranav Krishnakumar Lilani for 4,300 shares, QRG Investments and Holdings Limited for 28,000 shares and 15,000 warrants, Rajkumar Ramaswamy for 4,300 shares, Ramesh Sharma for 4,300 warrants, Rekha Daga for 11,100 shares, Renu Daga for 4,300 shares, Riti Foundation for 6,000 shares and 2,575 warrants, R R Foundation for 6,000 shares and 2,575 warrants, Sanika Shilotri for 4,300 shares, Sanjeevani Holdings Private Limited for 21,300 warrant, Satyen Vallabhbhai Patel for 10,750 warrants, Sawtanter Kumar for 12,800 shares and 8,600 warrant, Shashi Bhushan Prasad for 6,400 shares, Shivam Dhawan for 4,300 shares, Snehal Bhupendra Shah for 4,300 shares, S R Foundation for 6,000 shares and 2,575 warrants, Sumitra Kukreja for 21,300 shares, Sunil Chari for 4,300 shares, Sunil Kumar (HUF) Kothari for 4,300 shares, Sunita Saraf for 10,700 shares, Suruchi Foundation for 6,000 shares and 2,575 warrants, Swati Foundation for 6,000 shares and 2,575 warrants, Tamanna Sarda for 8,600 shares, Taori Amol Babulalji HUF for 8,600 shares and 4,300 warrants, Tarun Kumar Khatri HUF for 4,300 shares, Ten Eighty Investments for 11,000 warrants, Tulja Ram Maheshwari for 8,600 shares, Vallabh Lalji Patel for 28,100 warrants, Vasusri Jhaver for 4,300 shares, Vipul Vallabh Patel for 10,750 warrants, White Pine Investment Management Private Limited for 4,300 shares and Wow Investments for 3,000 shares and 7,000 warrants.