Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for development of the City Gas Distribution network in the Geographical Areas of Namakkal and Tiruchirappalli (Tamil Nadu) in Fiscal 2024$ , Fiscal 2025, Fiscal 2026 and Fiscal 2027 | ₹307.26 Cr |
| 2 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | ₹135.00 Cr |
| 3 | General corporate purposes | ₹53.60 Cr |