Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of certain borrowings availed by the Company | ₹88.00 Cr |
| 2 | Funding capital expenditure towards upgrading and expanding the existing facilities at (i) Ghaziabad, Uttar Pradesh, and (ii) Verna, Goa; and | ₹37.59 Cr |
| 3 | General corporate purpose | ₹39.02 Cr |