Sagar Soya Products Limited announced a private placement to issue 33,052,283 share warrants on preferential issuance having face value of INR 10 each warrant at a price of INR 34 per warrant share for the aggregate gross proceeds of INR 1,123,777,622 on March 26, 2024. The transaction will include participation from returning investor, Rajkot Investment Trust Limited for 588,235 warrants and new investors such as Sinecure Infrastructure Private Limited for 588,235 warrants and Mahananda Enterprises Ltd for 294,117 warrants and individual investors. The transaction has been approved by the board of directors of the company.