Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company | ₹36.37 Cr |
| 2 | Funding working capital requirements of the Company | ₹25.29 Cr |
| 3 | Investment in the Material Subsidiary for: Funding of capital expenditure for expansion through purchase of machineries and equipment | ₹43.89 Cr |
| 4 | Funding working capital requirements | ₹44.72 Cr |
| 5 | Repayment / prepayment, in full or part, certain borrowings | ₹40.00 Cr |
| 6 | General corporate purposes | ₹40.65 Cr |