RPSG Ventures Limited announced that it expects to receive INR 2.842125 billion in funding from Rainbow Investments Limited, Integrated Coal Mining Limited
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.