Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Investment in research and development (“R&D”) initiatives which includes hiring of experienced R&D resources and purchase of equipment to support R&D initiatives | ₹1.38 Cr |
| 2 | Investment in office Premises | ₹2.00 Cr |
| 3 | Refurbishment of new office premises and purchase of office equipment’s | ₹0.99 Cr |
| 4 | Expansion of our execution and support service teams including hiring of resources with expertise in environmental consulting | ₹1.77 Cr |
| 5 | Repayment of Bank facilities | ₹2.85 Cr |
| 6 | General Corporate purposes | ₹3.87 Cr |