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NSE · Source: NSE
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Repayment or prepayment, in full or in part, of certain outstanding borrowings and applicable prepayment penalties of the Company and two wholly-owned subsidiaries, ASMIPL and ACPPL | Rs 4,192.43 million | 24, 141, 142 |
| Repayment or prepayment of borrowings of Aequus Limited | Rs 234.71 million | 24, 142 |
| Repayment or prepayment of borrowings of ASMIPL and ACPPL through investment in those subsidiaries | Rs 3,957.72 million | 24, 142 |
| Funding capital expenditure for purchase of machinery and equipment by the Company and ASMIPL | Rs 674.46 million | 24, 141, 142 |
| Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes | — | 24, 141 |
The net proceeds from the Fresh Issue are proposed to be utilized for repayment of borrowings, funding capital expenditure, and inorganic growth through acquisitions. The total estimated expenses of the Offer are approximately ₹657.40 million.