On September 8, 2022, Panchsheel Organics Limited closed the transaction. The company has issued 1,775,950 equity shares for gross proceeds of INR 325,265,242.5 and 1,390,000 warrants for gross proceeds of INR 63,644,625; for total gross proceeds of INR 388,909,867.5. The transaction included participation from Abhinav Banthia FOR 58,750 shares, Pooja Arora 46,000 shares, Basudeo Agarwal for 46,000 shares, also included participation from companies and individual investors.