Worth Investment & Trading Company Limited announced a private placement of 3,250,000 shares on a preferential basis at issue price of INR 19 per share for gross proceeds of INR 61,750,000 on August 13, 2021. The transaction includes participation from Tejpal Ambalal Shah HUF, Tejpal Ambalal Shah, Anasha Yash Shah, Yash Tejpal, Y T Properties Pvt. Ltd for 100,000 shares each for an aggregate gross proceeds of INR 1,900,000, Penil Doshi for 250,000 shares for gross proceeds of INR 4,750,000, Zil Doshi for 750,000 for gross proceeds of INR 14,250,000, Nipa Doshi for 500,000 shares for gross proceeds of INR 9,500,000, Chirag J Bajaria and Viraj Anil Bajaria for 100,000 shares each for gross proceeds of INR 1,900,000, Chetan Mehta and Priti Mehta for 200,000 shares each for gross proceeds of INR 3,800,000, Mira Mihir Ghatalia for 100,000 shares for gross proceeds of INR 1,900,000, Bina Rajesh Ghatalia for 50,000 shares for gross proceeds of INR 950,000, Jasmine Nanavati, Kaushal Shah, Atul Zatakia for 100,000 shares each for gross proceeds of INR 1,900,000, Ketul Zatakia and Kavit A Zatakia for 50,000 shares each for gross proceeds of INR 950,000, Ketul Enterprises Private Limited for 100,000 shares for gross proceeds of INR 1,900,000. The transaction needs to be approved by the shareholders of the company at the annual general meeting to be held on September 13, 2021. The transaction has been approved by the board of directors of the company.