Shrem Invit announced a private placement of 15,600,000 shares at an issue price of INR 114 per share for the gross proceeds of INR 1,778,400,000 led by returning Kairus Shavak Dadachanji on March 22, 2023. The transaction included participation from a group of high-net-worth investors. Dadachanji alone bought 9,000,000 units for about Rs 102 crore.

Following the latest investment, he now owns 5% of the units of the InvIT.