Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding the capital expenditure requirements of the Company | ₹7.89 Cr |
| 2 | Funding the capital expenditure requirements of the Company towards Plant & Machinery | ₹9.90 Cr |
| 3 | Funding the capital expenditure requirements of the Company towards: Plant & Machinery b) Purchase new machinery to manufacture “Paper Insulated Copper / Aluminium Conductors | ₹6.89 Cr |
| 4 | Funding the capital expenditure requirements of the Company towards: Plant & Machinery Purchase and set up a rooftop solar power plant | ₹3.23 Cr |
| 5 | Additional Working Capital Requirement | ₹14.00 Cr |
| 6 | General Corporate Purposes | — |
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