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NSE · Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding for capital expenditure | ₹32,521.18 lakhs | — |
| Prepayment or repayment of borrowings | ₹5,501.41 lakhs | — |
| General corporate purposes | ₹[●] lakhs | — |
The proceeds from the fresh issue are intended for funding capital expenditure for expansion, prepayment of borrowings, and general corporate purposes. The estimated cost for the expansion project is ₹32,521.18 lakhs.