Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | Funding the incremental working capital requirements of company | ₹13.26 Cr |
| 2 | Repayment/Pre-payment, in full or in part, of certain outstanding borrowings availed by company. | ₹10.00 Cr |
| 3 | Brand Creation and Marketing Expenses | ₹6.36 Cr |
| 4 | Capital Expenditure towards the purchase of new additional machineries to be installed at the existing manufacturing unit | ₹1.63 Cr |
| 5 | Purchase and installation of Solar Rooftop Plant at the existing manufacturing unit | ₹0.65 Cr |
| 6 | General Corporate Purposes | ₹2.57 Cr |
| 7 | Issue Expenses | ₹4.02 Cr |
| 8 | Total | ₹38.49 Cr |
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