Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings, interest accrued and prepayment penalties, as applicable, availed by i. The Company | ₹1,102.50 Cr |
| 2 | Certain of the wholly owned Subsidiaries and step-down subsidiaries, namely, Schloss Chanakya, Schloss Chennai, Schloss Udaipur and TPRPL, through investment in such Subsidiaries | ₹1,197.50 Cr |
| 3 | General Corporate Purposes | ₹64.40 Cr |
| 4 | Issue Expenses | ₹189.78 Cr |
| 5 | Total | ₹2,554.18 Cr |
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