Sacheta Metals Limited announced a private placement of 5,870,600 common shares at an issue price of INR 18.79 per share for the gross proceeds of INR 165,492,214 on April 8, 2023. The transaction will include participation from SatishKumar K Shah for 1,575,000 shares, Chetnaben S Shah for 700,000 shares, Ankit S Shah for 900,000 shares, Pranav S Shah for 925,000 shares, Chandrakant Shah for 250,000 shares, Chandrakant Shah- HUF for 250,000 shares, Jyotsna Sah for 250,000 shares, Neenaben Vakharia for 100,000 shares, Rinkesh Vakharia for 100,600 shares, Atulbhai for 25,000 shares, Jinesh for 25,000 shares, Piyush Popatlal Shah HUF for 39,000 shares, Kamlesh P shah HUF for 38,500 shares, Bhavesh P Shah for 38,500 shares, Kamlesh P Shah for 38,500 shares, Rutvi K Shah for 38,500 shares, Meghna B Shah for 38,500 shares and Prapti B Shah for 38,500 shares. The transaction is subject to the approval of shareholders of the company.