Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for: Civil construction of the building for the surface mount technology (SMT) line and interior development; and Purchase of equipment/machineries for our new SMT production line (SMT Line); | ₹32.29 Cr |
| 2 | Funding our long term working capital requirement; | ₹128.02 Cr |
| 3 | Repayment or pre-payment, in full or in part, of certain of our outstanding borrowings; and | ₹22.50 Cr |
| 4 | General corporate purposes. | ₹11.22 Cr |