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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Repayment/prepayment of borrowings | 2,750.00 million | — |
| Funding capital expenditure towards equipment | 2,038.57 million | — |
| General corporate purposes | — | — |
The proposed utilization of the Net Proceeds includes ₹2,750.00 million for repayment/prepayment of borrowings, ₹2,038.57 million for capital expenditure towards equipment, and an unspecified amount for general corporate purposes, which will not exceed 25% of the Gross Proceeds.