On March 16, 2022, PMC Fincorp Limited closed the transaction. The transaction included participation from non-promoters Bhavya Dhiman for 12,500,000 warrants, Kevin Maheshkumar Shah for 12,500,000 warrants, Shah Aagam Maheshbhai for 12,500,000 warrants, Salvi Dipak Mathurbhai for 12,500,000 warrants, promoters including Prabhat Modi for 500,000 warrants and Prabhat Management Services Pvt. Ltd. for 15,000,000.