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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| capital expenditure | 106.75 million | — |
| working capital | 547.45 million | — |
| general corporate purposes and acquisitions | — | — |
The proceeds from the Fresh Issue will be utilized for funding capital expenditure for new bulk milk collection centers, working capital requirements, and unidentified inorganic acquisitions.