Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Establishing GIS manufacturing facility in Gujarat | ₹20.00 Cr |
| 2 | Establishing manufacturing facility in Odisha | ₹19.00 Cr |
| 3 | Repayment of Short Term Borrowings | ₹15.00 Cr |
| 4 | General Corporate Purposes | ₹1.79 Cr |
| 5 | Issue Expenses | ₹6.20 Cr |
| 6 | Total | ₹61.99 Cr |