Gillette India Limited announced a private placement to issue 240,114 equity shares having face value of INR 10 each at a price of INR 130 per share for the gross proceeds of INR 31,214,820 on March 15, 2024. The transaction will include participation from new investor, Saraf Housing Development Private Limited for 240,114 shares for INR 31,214,820?. The transaction has been approved by the board of directors of the company.