Invati Creations Private Limited announced that it will issue 2,152 shares at a price INR 92,907 per share for gross proceeds of INR 19,99,35,864 on March 20, 2024. The transaction includes participation from new investor Himadri Speciality Chemical Limited for 17.71% stake in the company. The transaction has been approved by the board of directors of the company.

The transaction is subject to the approval of the shareholders and such other regulatory or statutory approvals.