Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Capital expenditure for installation of new machinery, modernisation of certain processes under existing manufacturing facility and installation of plastic fired low pressure boiler; | ₹14.00 Cr |
| 2 | Funding working capital requirements of the Company; and | ₹10.00 Cr |
| 3 | Prepayment or repayment of all or a portion of outstanding borrowing availed by the Company; | ₹7.00 Cr |
| 4 | General corporate purposes | ₹1.39 Cr |