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NSE · Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| prepayment of certain outstanding borrowings by the Material Subsidiary, RJIL | ₹275,000 million | — |
| general corporate purposes | not exceeding 25% of the Gross Proceeds | — |
The net proceeds from the issue are proposed to be utilized for prepayment of certain outstanding borrowings by the material subsidiary, RJIL, and for general corporate purposes, with the latter not exceeding 25% of the gross proceeds.