Shish Industries Limited announced a private placement to issue 815,750 Equity Shares at an issue price of INR 10 per share for the gross proceeds of INR 8,157,500 on September 5, 2023. The transaction has been approved by the shareholders and is subject to the approval of the Shareholders of the Company and applicable regulatory authorities as the case may be. The tranaction will include participation from individual investors Satishkumar Dayabhai Maniya for 332,250 shares, Rameshbhai Virjibhai Kakadiya for 332,250 shares, Sonal Janakkumar Kheni for 48,200 shares, Krutika Ankur Choksi for 10,000 shares and Kalpesh Devjibhai Patel, Namrata Kalpesh Patel, Keyur, Rajendrabhai Desai and Pankita Keyur Desai of TAPEPLAST INDUSTRIES for 93,050 shares.