Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Part-financing the cost towards setting up of production/assembly lines at the planned manufacturing facility in Telangana | ₹145.77 Cr |
| 2 | Repayment/pre-payment, in part or full, of certain borrowings of Company | ₹50.30 Cr |
| 3 | Part-funding incremental working capital requirements | ₹69.00 Cr |
| 4 | Investment in R&D and product development | ₹40.00 Cr |
| 5 | Issue Expenses | ₹35.96 Cr |
| 6 | Total | ₹341.03 Cr |