Shyamkamal Investments Limited announced a private placement to issue 1,850,000 common shares at an issue price of INR per share for the gross proceeds of INR 18,500,000 on March 23, 2024. The transaction will include participation from new investors Morabia Enterprise Private Limited 1.250,000 and Morabia Creations Private Limited 600,000 shares. The transaction has been approved by the shareholders of the company.