Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Purchase and installation of LED (Light-emitting diode) screens | ₹12.72 Cr |
| 2 | Funding for strategic collaboration with Capital World Media Services Pvt.Ltd. (CWM) for monetization of 20 LED digital advertising screens | ₹5.00 Cr |
| 3 | Funding the incremental working capital requirements | ₹23.50 Cr |
| 4 | General Corporate Purposes | ₹8.41 Cr |
| 5 | Issue expense | ₹8.41 Cr |
| 6 | Total | ₹58.04 Cr |