Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding the capital expendituretowards setting up of a new manufacturing unit for house wires, fire-resistant wires & cables, aluminum cables and solar cables to expand our product portfolio | ₹24.41 Cr |
| 2 | Funding the working capital requirements of the Company; and | ₹22.00 Cr |
| 3 | General corporate purposes | ₹14.60 Cr |