Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Proposing to finance the cost of setting up a new weaving unit at Proposed Manufacturing Unit 3 to expand its production capabilities to produce Grey Fabric at Ahmedabad, Gujarat, India | ₹30.71 Cr |
| 2 | Prepayment or repayment, in part or full of certain outstanding borrowings | ₹52.20 Cr |
| 3 | General Corporate Purposes | ₹30.39 Cr |
| 4 | Issue Expenses | ₹12.95 Cr |
| 5 | Total | ₹126.25 Cr |