Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company and Material Subsidiary, namely, SRP Prosperita Hotel Ventures Ltd. | ₹468.14 Cr |
| 2 | Payment of consideration for buying of undivided share of land from the Promoter, BEL | ₹107.52 Cr |
| 3 | Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | ₹130.86 Cr |
| 4 | Issue Expenses | ₹53.08 Cr |
| 5 | Total | ₹759.60 Cr |