Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding incremental working capital requirements of the Company | ₹5.31 Cr |
| 2 | Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company | ₹11.00 Cr |
| 3 | Funding Capital Expenditure requirement towards purchase of machinery for the new manufacturing facility at Khurda, Odisha | ₹9.60 Cr |
| 4 | General Corporate Purposes | ₹4.89 Cr |
| 5 | To meet the Offer Related Expenses | ₹3.74 Cr |
| 6 | Total | ₹34.54 Cr |