Cognavi India Private Limited announced a subscription agrement of 115,000 shares at an issue price of INR 10,000 per share for a gross proceeds of INR 1,150,000,000 on November 24, 2022. The transaction will include participation from Forum Engineering Inc. for 85,000 shares, Cresco Co.Ltd. for 10,000 shares and SRM Global for 20,000 shares. The transaction will be completed in two tranches.