Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the company towards setting up an additional Manufacturing Unit at Auric City, Aurangabad, Maharashtra. | ₹19.56 Cr |
| 2 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company | ₹4.79 Cr |
| 3 | General Corporate Purposes | ₹4.81 Cr |
| 4 | Issue Expenses | ₹3.24 Cr |
| 5 | Total | ₹32.40 Cr |