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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Repayment of borrowings | ₹900.00 million | — |
| Brand awareness and performance marketing | ₹1,500.00 million | — |
| Investment in research and development | ₹1,000.00 million | — |
| General corporate purposes | ₹[●] million | — |
The net proceeds from the Fresh Issue will be utilized for repayment of borrowings (₹900.00 million), brand awareness and performance marketing (₹1,500.00 million), investment in research and development (₹1,000.00 million), and general corporate purposes.