Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment | ₹11.21 Cr |
| 2 | Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | ₹25.00 Cr |
| 3 | Funding long-term working capital requirement of the Company | ₹55.00 Cr |
| 4 | General Corporate Purposes | ₹28.11 Cr |
| 5 | Issue Expenses | ₹15.00 Cr |
| 6 | Total | ₹134.31 Cr |