Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Investment in the subsidiary, Nova Agri Sciences Private Limited for setting-up a new formulation plant | ₹14.20 Cr |
| 2 | Funding Capital Expenditure by the Company,towards expansion of the existing formulation plant | ₹10.49 Cr |
| 3 | Funding of working capital requirement of the Company | ₹26.65 Cr |
| 4 | Investment in the subsidiary, Nova Agri Sciences Private Limited for funding working capital requirements | ₹43.36 Cr |
| 5 | General Corporate purposes | ₹3.13 Cr |
| 6 | Total | ₹97.83 Cr |