Rushil Décor Limited (BSE:533470) announced a private placement of 211,644 shares at INR 945 per share for gross proceeds of INR 200,003,580 on March 7, 2018. The transaction will include participation from Manish Shailendra Srivastava and Rakesh Bhagwan Das Arora. The shares of INR 10 each have been issued at a premium of INR 935 per share. The transaction is subject to the approval of the shareholder's and other regulatory authorities. The transaction has been approved at the board meeting held on March 7, 2018. The securities will be issued on preferential basis.