Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Acquisition of Dry Bulk Carriers in Supramax category in the secondary marketAcquisition of Dry Bulk Carriers in Supramax category in the secondary market | ₹251.18 Cr |
| 2 | Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | ₹23.00 Cr |
| 3 | General Corporate Purposes | ₹95.36 Cr |
| 4 | Issue Expenses | ₹41.17 Cr |
| 5 | Total | ₹410.71 Cr |