Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at the Manufacturing Facilities | ₹130.58 Cr |
| 2 | Investment in IT software upgradation by the Company | ₹5.20 Cr |
| 3 | Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by the Company | ₹58.75 Cr |
| 4 | General Corporate Purposes | ₹80.47 Cr |
| 5 | Issue Expenses | ₹37.05 Cr |
| 6 | Total | ₹312.05 Cr |