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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Partial funding of capital expenditure requirements towards expansion of production capabilities | 1,250.00 million | — |
| Pre-payment/re-payment of outstanding borrowings | 950.00 million | — |
| General corporate purposes | — | — |
The proceeds from the Fresh Issue will be utilized for capital expenditure towards expansion of production capabilities, repayment of outstanding borrowings, and general corporate purposes. The total estimated cost for the Proposed Expansion is ₹1,484.14 million.