Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Working Capital Requirement | ₹20.00 Cr |
| 2 | To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery and Civil Work | ₹15.86 Cr |
| 3 | Prepayment of term loans to banks | ₹1.60 Cr |
| 4 | General Corporate Purposes | ₹5.14 Cr |
| 5 | Issue Expenses | ₹2.50 Cr |
| 6 | Total | ₹45.10 Cr |