Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Repayment or pre-payment, in part or full of all or certain of the borrowings | ₹60.00 Cr |
| 2 | Repayment of a bridge loan availed specifically for the purpose of discharge of acquisition consideration of Edureka | ₹25.19 Cr |
| 3 | Growth initiatives | ₹50.00 Cr |
| 4 | General corporate purpose | ₹47.73 Cr |