Rohit Ferro-Tech Limited (BSE:532731) announced a private placement of 33,500,000 shares at a price of INR 60 per share for gross proceeds of INR 2,010,000,000 on August 24, 2012. The transaction will see participation from entities belonging to the promoter group and strategic investors belonging to non-promoter group.

On September 25, 2012, the company got an approval for the transaction.

On November 29, 2012, Rohit Ferro-Tech Limited closed the transaction. The transaction saw participation from Suresh Kumar Patni for 650,00 shares, Sarita patni for 450,000 shares, Rohit patni for 350,000 shares, Ankit Patni for 350,000 shares, Arthodock Vinimay Private Limited for 4,000,000 shares, Invesco finance Private Limited for 3,000,000 shares, Nucore Exports private Limited for 1,100,000 shares, VNG Mercantiles Private Limited for 510,000, Shreyansh Leafin private Limited for 3,000,000, Whitestone Suppliers private Limited for 3,000,000 shares, Poddar Mech Tech Services Private Limited for 2,500,000 shares, Vasupujya enterprise Private Limited for 3,000,000 shares, Suanvi Trading & Investment private Limited for 3,000,000 shares, Rotomac Investment Private Limited 1,667,000 shares, Singrodia Bros. Holding Private Limted for 1,667,000 shares, Avantika Consultants LLP for 2,500,500 shares, Quest Financial Services Limited for 1,255,500, MSP Fiscal Services Private Limited for 500,000 shares, Simpro Vanijya Limited for 500,000 shares, and Weldon Advisor Services Private Limited for 500,000 shares.