Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Investment in our wholly owned subsidiary, Global Surfaces FZE for part-financing its capital expenditure requirements in relation to the setting up of manufacturing facility for engineered quartz at The Jebel Ali Free Zone, Dubai, United Arab Emirates (“UAE”) (“Proposed Facility”) | ₹90.00 Cr |
| 2 | General corporate purposes | ₹11.58 Cr |