Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”) | ₹27.19 Cr |
| 2 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company | ₹3.75 Cr |
| 3 | General corporate purposes | ₹1.51 Cr |
| 4 | Issue Expense | ₹3.85 Cr |
| 5 | Total | ₹36.30 Cr |