Last Mile Enterprises Limited announced a private placement that it will issue 2,690,069 equity shares at a price of INR 600 for the gross proceeds of INR 1,614,041,400 and allotment of 588,500 Warrants at an issue price of INR 600 per warrant for the gross proceeds of INR 353,100,000 for the aggregate gross proceeds of INR 1,967,141,400 on April 29, 2024. The transaction will include participation from group of investors. The transaction has been approved by the board of directors of the company.