Everlon Financials Limited announced a private placement of up to 577,760 shares at a price of INR 25 for proceeds of INR 14,444,000 on July 27, 2023. The transaction will include participation from Jitendra Kantilal Vakharia jointly with Varsha Vakharia and Maitri Yosesh Doshi for 305,000 shares and Maitri Yogesh Doshi for 272,760 shares. The transaction was approved by the board of directors of the company and subject to the approval of regulatory/statutory authorities and the shareholders of the Company at its Annual General Meeting of the company.