Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Purchase of movable assets of the production line of battery manufacturing unit | ₹4.19 Cr |
| 2 | To meet the working capital requirements | ₹22.00 Cr |
| 3 | Repayment in full or in part, of the outstanding borrowings | ₹0.95 Cr |
| 4 | Funding capital expenditure requirements | ₹4.46 Cr |
| 5 | General Corporate Purposes | ₹4.70 Cr |
| 6 | Issue Expenses | ₹4.69 Cr |
| 7 | Total | ₹40.98 Cr |