Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure for the expansion / setting up of manufacturing facilities (total of i+ii+iii) | ₹230.00 Cr |
| 2 | Funding capital expenditure requirements for setting up of a manufacturing facility in Sri City, Andhra Pradesh | ₹105.25 Cr |
| 3 | Purchase of equipment for the Bhiwadi Manufacturing Facility | ₹14.14 Cr |
| 4 | Repayment and/or prepayment, in part or in full, of certain outstanding loans of the Company | ₹80.00 Cr |
| 5 | General corporate purposes | ₹69.68 Cr |