Vidli Restaurants Limited announced a private placement of 24,00,000 warrants at a price of Rs 50 for the gross proceeds of Rs.12,00,00,000 on July 4, 2023. The transaction involved participation from new investors Dr. Vikram V. Kamat for 10,00,000 warrants , Value Line Advisors Private Limited for 9,00,000 warrants , Vijit Global Securities Private Limited for 2,50,000 wrrants and Mr. Vaibhav Doshi for 2,50,000 warrants.
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