Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new sheds | ₹12.29 Cr |
| 2 | Repayment of a portion of certain borrowings availed by the Company | ₹3.08 Cr |
| 3 | To meet the working capital requirements | ₹25.25 Cr |
| 4 | General Corporate Purposes | ₹4.30 Cr |
| 5 | Issue Expenses | ₹4.18 Cr |
| 6 | Total | ₹49.10 Cr |
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