Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding Capital Expenditure toward setting up development center at gift city, Gandhinagar | ₹2.74 Cr |
| 2 | Funding incremental Working Capital Requirement of the Company | ₹12.50 Cr |
| 3 | Repayment/ prepayment of certain borrowings availed by the Company | ₹5.80 Cr |
| 4 | General Corporate Purpose | ₹5.98 Cr |