Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure requirement of the Company towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and procurement Pithampur Unit-I | ₹29.97 Cr |
| 2 | Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company | ₹16.00 Cr |
| 3 | General Corporate Purposes | — |
| 4 | Total | ₹45.97 Cr |