Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Working capital requirement of the company “Esconet Technologies Limited | ₹16.00 Cr |
| 2 | Investment in Wholly Owned Subsidiary, viz. “Zeacloud Services Private Limited”, to fund its capital expenditure expenses. | ₹2.50 Cr |
| 3 | General Corporate Expenses | ₹6.69 Cr |