Finesse International Design Private Limited announced a private placement from returning investor, Aditya Birla Fashion and Retail Limited (BSE:535755) for 7.69% stake on June 18, 2021. The company issued shares at INR 865 per share and allotted as partly paid-up at INR 432.50 per rights equity share, of which INR 5 was towards face value and INR 427.5 towards premium. No regulatory approval is required.