Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Investment in Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in form of equity or debt for meeting the requirement of working capital and margin money for term loan of Subsidiary Company. | ₹10.00 Cr |
| 2 | To Meet Working Capital Requirement of our Company | ₹27.00 Cr |
| 3 | General Corporate Expenses | ₹12.90 Cr |