Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Containers (FIBC) | ₹8.17 Cr |
| 2 | Repayment of certain secured and unsecured borrowings in full availed by the Company | ₹19.66 Cr |
| 3 | Funding the working capital requirements of the Company | ₹14.96 Cr |
| 4 | General corporate purposes | ₹12.50 Cr |