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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Capital expenditure for new Cult Centres | ₹2,766.00 million | — |
| Lease payments for existing centres | ₹2,175.00 million | — |
| Repayment of borrowings | ₹1,200.00 million | — |
The proceeds from the Fresh Issue will be allocated towards capital expenditure for new Cult Centres, lease payments for existing centres, repayment of borrowings, brand marketing, and general corporate purposes. Specific allocations include ₹2,766.00 million for new Cult Centres and ₹1,200.00 million for repayment of borrowings.