Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Acquisition of the entire issued and paid-up equity share capital of the Titania SPV as per the Share Purchase Agreement | ₹217.00 Cr |
| 2 | Providing loan to the Titania SPV for extinguishment and redemption of the debenture liability of the Titania SPV, by redeeming the OCDs* (including any accrued interest) | ₹232.94 Cr |
| 3 | General purposes | ₹3.38 Cr |
| 4 | Issue Expenses | ₹19.65 Cr |
| 5 | Total | ₹472.97 Cr |