Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Capital Expenditure-Purchase of equipment/machineries | ₹1.25 Cr |
| 2 | Capital Expenditure-Purchase and installation of Solar Panel at the Manufacturing Plant | ₹2.20 Cr |
| 3 | Repayment in full or in part, of certain loans availed by the Company | ₹3.50 Cr |
| 4 | Working Capital Requirements of the Company | ₹16.65 Cr |
| 5 | Expenses for General Corporate Purposes | ₹4.82 Cr |
| 6 | Issue Expenses | ₹4.00 Cr |
| 7 | Total | ₹32.42 Cr |