Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Part finance the cost of establishing new manufacturing facility to expand production capabilities of cables at Plot Nos. 188/1, Village Panwa Tehsil Kasrawad, District Khargone, Madhya Pradesh, India (Proposed new facility) | ₹22.32 Cr |
| 2 | Funding working capital requirements of the Company | ₹20.00 Cr |
| 3 | General Corporate Purposes | ₹7.88 Cr |
| 4 | Issue Expenses | ₹5.42 Cr |
| 5 | Total | ₹55.62 Cr |