Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Payment of outstanding purchase consideration to the Promoter for thespin-off of the API business from the Promoter into our Companypursuant to the Business Purchase Agreementdated October 9, 2018 | ₹800.00 Cr |
| 2 | Funding the capital expenditure requirements | ₹152.76 Cr |
| 3 | General corporate purposes | ₹57.68 Cr |