Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Proposing to finance the cost of establishing a new manufacturing Unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India | ₹71.35 Cr |
| 2 | Funding incremental working capital requirements | ₹26.50 Cr |
| 3 | General Corporate Purposes | ₹32.88 Cr |
| 4 | Issue Expenses | ₹14.17 Cr |
| 5 | Total | ₹144.89 Cr |