Sky Gold Limited announced a private placement of 23,32,800 equity shares at an issue price of INR 425 per share (INR 415 + INR 10 premium) for the gross proceeds of INR 991,440,000 and 2,11,500 convertible common share warrants at an issue price of INR 106.25 for the gross proceeds of INR 22,471,875 on a preferential basis; for aggregate total gross proceeds of INR 1,013,911,875 on October 19, 2023. The transaction has been approved by the shareholders off the company and is subject to shareholder's approval. The transaction will include participation from Ashish Kacholia for 288,100 shares, Bengal Finance & Investments Private Limited for 252,900 shares, Narayana Trading and Investments for 235,200 shares, Shruthi Murali for 235,200 shares, Acron Consultants LLP for 470,500 shares, Nesh Advisors LLP for 47,000 shares, Vimana Capital Management LLP for 70,500 shares, Inder Soni for 117,600 shares, Bhakthisaran for 47,000 shares, Srinath Krishnan for 23,600 shares, Nishant Aggarwal for 5,800 shares, Jinesh Shah for 129,400 shares, Roopali Uppal for 88,200 shares, Ashok Kumar for 47,000 shares, Rakesh Laroia for 58,800 shares, Dipika Chauhan for 72,000 shares, Heena Chauhan for 72,000 shares, Mamta Chauhan for 72,000 shares and Karan Shantilal Chauhan for 23,400 warrants, Viva Manish Jain for 94,500 warrants, Geeta A Chauhan for 35,100 warrants, Ashika Sanjay Chauhan for 17,500 warrants, Kinal Bharat Chauhan for 11,700 warrants, Rishab Manish Chauhan for 17,500 warrants and Sukanraj Jain for 11,800 warrants.