Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements towards acquiring machinery in the manufacturing unit | ₹6.00 Cr |
| 2 | Funding the incremental working capital requirements of the Company | ₹13.00 Cr |
| 3 | Repayment and/or prepayment, in part or full, of certain of the outstanding borrowings availed by the Company | ₹1.00 Cr |
| 4 | General Corporate Purposes | ₹3.95 Cr |
| 5 | Issue Expenses | ₹3.61 Cr |
| 6 | Total | ₹27.56 Cr |