Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding Capital Expenditure towards Purchase of Material Handling Equipment | ₹10.00 Cr |
| 2 | Funding towards Repayment or prepayment, in full or in part, of borrowings availed by Company from banks and financial institutions | ₹1.50 Cr |
| 3 | Funding the long-term working capital requirements of the Company | ₹3.25 Cr |
| 4 | General Corporate Purposes | ₹2.96 Cr |
| 5 | Issue expenses | ₹2.03 Cr |
| 6 | Total | ₹19.74 Cr |