Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding working capital requirements of the Company; | ₹11.60 Cr |
| 2 | Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment | ₹7.88 Cr |
| 3 | Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company, from banks and financial institutions; | ₹2.09 Cr |
| 4 | General corporate purposes; and | ₹8.50 Cr |