Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure for upgradation and expansion of our existing solar module manufacturing facility by increasing 750 MW | ₹19.56 Cr |
| 2 | Funding Capital Expenditure towards setting up of a new manufacturing unit for Aluminum frame for our solar module | ₹12.95 Cr |
| 3 | To Meet Working Capital requirements of the Company | ₹20.50 Cr |
| 4 | General Corporate Expenses | ₹21.52 Cr |