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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Repayment of borrowings | ₹6,963.90 million | — |
| General corporate purposes | — | — |
The net proceeds from the offer are proposed to be utilized for repayment of borrowings amounting to ₹6,963.90 million, with specific allocations for wholly-owned and step-down subsidiaries. General corporate purposes will not exceed 25% of the gross proceeds.