On February 2, 2024, Khadim India Limited closed the transaction. The company issued 408,768 Fully Convertible Equity Share warrants at an issue price of INR 91.25 per share warrant for proceeds of INR 37,300,080. The transaction has been approved by shareholders of the company.

The transaction included participation from Siddhartha Roy Burman for 164,384 warrants, Girish Gulati for 164,384 warrants and Abhisek Bhutra for 80,000 warrants.