Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | ₹29.00 Cr |
| 2 | Investment in the wholly owned subsidiary, SIPL, for funding its working capital requirements | ₹10.00 Cr |
| 3 | Repayment, in full or in part, of certain borrowings availed by the company | ₹8.00 Cr |
| 4 | General Corporate Purposes | ₹8.14 Cr |
| 5 | Issue Expenses | ₹5.83 Cr |
| 6 | Total | ₹60.98 Cr |