Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Setting up of Research and Development (R&D) Centre at Revenue City Survey No. RV1/NA/61/1/50, Moje, Manda, Tal. Umargam, Dist. Valsad, Gujarat | ₹12.68 Cr |
| 2 | Product Registration in International Markets and Product Development for sale in international markets | ₹2.99 Cr |
| 3 | Funding for Marketing and Promotional Activities | ₹1.66 Cr |
| 4 | To Meet Working Capital Requirements | ₹8.00 Cr |
| 5 | General Corporate Purposes | ₹0.25 Cr |
| 6 | Issue Expenses | ₹3.57 Cr |
| 7 | Total | ₹29.14 Cr |