Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan | ₹4.89 Cr |
| 2 | Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Plot No. P 32 Street No. B, Sector 11, Model Economic Township, Village - Nimana, Tehsil Badli, District - Jhajjar, State Haryana | ₹16.62 Cr |
| 3 | Funding working capital requirements of the company | ₹12.00 Cr |
| 4 | General corporate purposes | — |
| 5 | Total | ₹33.51 Cr |