Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements towards purchase of machinery for our existing manufacturing facility (“Unit III”) at Chennai, Tamil Nadu. | ₹15.42 Cr |
| 2 | Funding capital expenditure requirements towards purchase of machinery for our existing manufacturing facility (“Unit IV”) at Pune, Maharashtra | ₹15.17 Cr |
| 3 | Funding working capital requirements of the Company | ₹16.66 Cr |
| 4 | General Corporate Purposes | ₹12.19 Cr |