Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | ₹5.00 Cr |
| 2 | Working Capital Requirements | ₹9.38 Cr |
| 3 | Fund expenditure towards purchase of truck chassis and truck bodies | ₹3.80 Cr |
| 4 | General Corporate Purposes | ₹4.79 Cr |
| 5 | Issue Expenses | ₹2.10 Cr |
| 6 | Total | ₹25.07 Cr |