Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Expansion of Existing Manufacturing facility at Pithampur, Madhya Pradesh and Purchase of Machineries | ₹16.55 Cr |
| 2 | Funding of capital expenditure requirement of Company towards Set up of Rooftop on Grid Solar Power Plant at existing Manufacturing facility | ₹1.04 Cr |
| 3 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company | ₹2.23 Cr |
| 4 | General Corporate Purposes | ₹3.27 Cr |
| 5 | Offer Related Expenses | ₹3.10 Cr |
| 6 | Total | ₹26.20 Cr |