Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding capital expenditure for the purchase of new machinery; | ₹20.00 Cr |
| 2 | Funding working capital requirements of the Company; | ₹6.00 Cr |
| 3 | Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company; | ₹5.00 Cr |
| 4 | General corporate purposes; and | ₹2.57 Cr |