Stratmont Industries Limited announced a private placement to issue 25,000,000 Equity Shares at an issue price of INR 10 per share for the gross proceeds of INR 250,000,000 on May 23, 2024. The transaction will include participation from promoters and non promoters. The transaction has been approved by shareholders and It is to intimate you that after obtaining approval from Securities Exchange Board of India (SEBI) the Company will intimate regarding the next date of Board Meeting for allotment of equity shares.