Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Unidentified Acquisitions in India and abroad | ₹6.25 Cr |
| 2 | Purchase of New Machinery | ₹4.53 Cr |
| 3 | Capital Expenditure for renovation of both manufacturing facilities | ₹3.77 Cr |
| 4 | To meet working capital requirements | ₹25.00 Cr |
| 5 | General Corporate Expenses | ₹13.48 Cr |
| 6 | Issue Expenses | ₹5.25 Cr |
| 7 | Total | ₹58.27 Cr |