RPSG Ventures Limited has announced a private placement of 3,575,000 equity shares at issue price of INR 795 per equity
share for gross proceeds of INR 2,842,125,000 on preferential basis on January 17, 2024. The transaction includes investor participation of Rainbow Investments Limited and Integrated Coal Mining Limited. The transaction has been approved by the board of directors of the company and is subject to the approval of the Members of the Company, statutory, regulatory approvals.