Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Purchase of Equipment for existing Formulation plant | ₹3.75 Cr |
| 2 | Funding capital expenditure towards setting up of a new technical manufacturing plant | ₹29.42 Cr |
| 3 | Construction of Warehouse Building and Purchase of Machinery | ₹2.53 Cr |
| 4 | Funding working capital requirements of the Company | ₹18.00 Cr |
| 5 | General Corporate Purposes | ₹8.26 Cr |
| 6 | Issue Expenses | ₹2.54 Cr |
| 7 | Total | ₹64.50 Cr |