Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Expansion of the existing Manufacturing Facility located at Plot No 26, Nangla, Faridabad Haryana - 121001 by construction of the building on the land adjacent to our existing manufacturing unit, purchase of equipment/machineries, etc. | ₹9.08 Cr |
| 2 | Repayment/prepayment of certain borrowings availed by our Company | ₹6.84 Cr |
| 3 | Funding working capital requirements | ₹6.09 Cr |
| 4 | General Corporate Purpose | ₹2.23 Cr |