Valiant Communications Limited announces private placement of 404,600 Equity shares having face value of INR 10 per share at an issue price of INR 319 per share for gross proceeds of INR 129,067,400 on preferential basis on February 1, 2024. The transaction will include participation from Shankar Sharma for 200,000 shares, Sakshi Rahul Mehta for 45,000 shares Litiy Thomas for 25,000 shares Heman Modi for 25,000 shares, Deepshikha Arora for 25,000 shares Shlok Vimal Rathod for 20,000 shares, Vikas Benigopal Tawani for 20,000 shares, Sunanda Dinesh Jain for 15,000 shares, Viral Nihar Desai for 10,000 shares, R Ramachandran for 8,000 shares, Saroj Agarwal for 6,400 shares, Nitu Agarwal for 3,200 shares and Shashank Naresh Fating for 2,000 shares. The transaction has been approved by the board of directors of the company.