On June 6, 2024, Stratmont Industries Limited closed the transaction. The transaction included participation from Novapro Global Resources Private Limited for 1,000,000 shares; Nexpact Limited for 2,500,000 shares; Eminence Global Fund Pcc - EUBILIA CAPITAL PARTNERS FUND I for 2,750,000 shares; AG Dynamic Fund Limited for 2,750,000 shares and an individual investor, Vatsal Agarwaal for 16,000,000 shares. The transaction has been approved by the board of directors of the company.