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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Working capital requirements | ₹ 10,000.00 lakhs | — |
| Investment in Jika EPC Services Limited | ₹ 7,647.93 lakhs | — |
| Investment in Sinerco Power Systems Private Limited | ₹ 2,415.69 lakhs | — |
| Investment in Electromech Global Holdings Ltd | ₹ 3,000.00 lakhs | — |
The proceeds from the Fresh Issue will be utilized for working capital, investments in subsidiaries, and general corporate purposes. The company plans to allocate ₹10,000 lakhs for working capital and invest in Jika EPC Services Limited and Sinerco Power Systems Private Limited.