Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Pvt.Ltd. | ₹117.00 Cr |
| 2 | Funding capital expenditure requirements of Company for purchase plant and machinery | ₹27.22 Cr |
| 3 | Funding inorganic growth through unidentified acquisitions and other strategic initiatives and General corporate purposes | ₹61.18 Cr |
| 4 | Issue expenses | ₹74.83 Cr |
| 5 | Total | ₹280.22 Cr |