Sakthi Finance Limited announced a private placement to issue 10% 1,500,000 Redeemable, Cumulative Preference Shares at an issue price of INR 100 per share for the gross proceeds of INR 150,000,000 and Secured, Redeemable Non-Convertible Debentures for the gross proceeds of INR 500,000,000; aggregate gross proceeds of INR 650,000,000 on March 27, 2024. The transaction has been approved by the shareholders of the company.