Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Investment into Texol by way of a loan for financing the repayment/pre-payment of a loan facility availed by Texol from the Bank of Baroda | ₹22.71 Cr |
| 2 | Capital expenditure through purchase of equipment and civil work required for expansion in capacity of automotive oil at our Silvassa Plant | ₹27.73 Cr |
| 3 | Funding working capital requirements of our Company | ₹185.01 Cr |
| 4 | General corporate purposes | ₹27.65 Cr |
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