Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding long-term working capital requirements of the Company | ₹180.00 Cr |
| 2 | Investment in research design and development activities for new power electronic equipment | ₹21.00 Cr |
| 3 | General corporate purpose | ₹53.46 Cr |
| 4 | Issue Expenses | ₹35.54 Cr |
| 5 | Total | ₹290.00 Cr |