| 1 | Repayment and/or prepayment, in part or full, of certain of the outstanding borrowings availed by the Company. | ₹31.45 Cr |
| 2 | Investment in the subsidiaries HPPL, STBFL and JPPL for Repayment and/or prepayment, in part or full, of certain of outstanding borrowings availed | ₹20.82 Cr |
| 3 | Funding incremental working capital requirements of the Company | ₹13.50 Cr |
| 4 | Investment in the subsidiaries HPPL, STBFL and JPPL for funding working capital requirements. | ₹10.74 Cr |
| 5 | General Corporate Purposes | ₹31.83 Cr |
| 6 | Issue Expenses | ₹19.51 Cr |
| 7 | Total | ₹127.86 Cr |
