Manomay Tex India Limited announced a private placement of 3,480,392 equity shares at issue price of INR 102 per share for gross proceeds of INR 355,000,000 on January 13, 2023. The transaction will include participation from 20 investors including returning investors, Kailashchandra Hiralal Laddha, Kantadevi Kailashchandra Ladha, Ladha Kailashchandra Hiralal (Huf), Maheshchandra Kailashchand Ladha, Pramila Maheshchand Ladha, Ladha Maheshchandra Kailashchandra, Pallavi Laddha, Ashishkumar M Laddha, Kamlesh Kailashchand Ladha, Seema Kamlesh Laddha, Sheral Singhvi, Bhagchand Bumb, Aman Jain, Aruna Jain, Anju Melana, Radha Devi Melana, Vibhuti Commodities Private Limited, new investors, Fashion Suitings Private Limited, Shree Shyam Agro Crop Pvt Ltd, NNM Nextgen Advisory Private Limited. The transaction has been approved by the board of directors of the company.