Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian, Ludhiana | ₹3.90 Cr |
| 2 | Repayment of a portion of certain borrowing availed by the Company | ₹8.00 Cr |
| 3 | To meet working capital requirements | ₹15.50 Cr |
| 4 | General Corporate Purpose | ₹1.45 Cr |