Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | To finance the Modernization and expansion of existing manufacturing unit | ₹2.31 Cr |
| 2 | To part finance the requirement of Working Capital | ₹8.50 Cr |
| 3 | Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | ₹6.00 Cr |
| 4 | To meet General Corporate Purposes | ₹3.33 Cr |
| 5 | Issue Expenses | ₹2.20 Cr |
| 6 | Total | ₹22.35 Cr |