Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of certain borrowings availed of by our Company | ₹110.00 Cr |
| 2 | Funding working capital requirements of our Company | ₹160.00 Cr |
| 3 | Investment in our wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses; and | ₹44.88 Cr |
| 4 | General corporate purposes | ₹58.15 Cr |