Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the company towards the construction of Pharmaceutical API/ Intermediates and Chemicals manufacturing plant and purchase of machineries in MIDC-Shrirampur, Ahmednagar, Maharashtra | ₹10.83 Cr |
| 2 | Repayment/prepayment of all or certain of the borrowings availed of by the Company | ₹5.10 Cr |
| 3 | General Corporate Purposes | ₹0.74 Cr |
| 4 | Issue Expenses | ₹2.58 Cr |
| 5 | Total | ₹19.25 Cr |