Shree Pushkar Chemicals & Fertilisers Limited announced a private placement of 789,473 warrants on June 7, 2021. The warrants will be convertible into one common share of the company at INR 190 per share and will mature in eighteen months from the date of the allotment. The company will receive 25% of the total amount, which is INR 37,499,967.5, as upfront payment at the time of allotment of warrants and the remaining 75% will be paid within eighteen months. The transaction will include participation from the promoters of the company on preferential basis.