On October 7, 2020, Electrum Investment Managers Private Limited closed the transaction. The company received INR 13,750,000 in the transaction. Arihant Capital Markets Limited (BSE:511605) will hold 28.47% stake in the company, pursuant to the transaction. On October 22, 2020, the company announced that the transaction is subject to the approval of the shareholders of the investor. On November 28, 2020, the company announced that the transaction has been approved by the shareholders of the investor.