Quality RO Industries Limited announced private placement of 6,20,000 Equity Shares at issue price of INR 10 on preferential basis for gross proceeds of INR 6,200,000 on January 9, 2023. The transaction will include participation from individual investors Vishal Kachhadiya, Kishorkumar Kanani, Ghanshyambhai Kachhadiya, Bhaveshbhai Sojitra, Chintan Joshi, Bhumikaben Patel, Vipulbhai Rupareliya, and Sumitaben Rupareliya. The transaction received board's approval with respect to the transaction.