Focus Suites Solutions & Services Limited (BSE:540945) announced a private placement of 11,500,000 equity shares on April 9, 2019. The company will issue shares at a price not lower than the minimum price calculated in accordance with the Regulations for Preferential Issue. The shares will be issued on preferential basis to non-promoters. The common shares have a par value of INR 10 per share. The transaction has been approved by the board of directors of the company.