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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 | ₹14,000.00 lakhs | — |
| general corporate purposes | not exceeding 25% of the Gross Proceeds | — |
The company intends to use the net proceeds from the fresh issue for repayment of borrowings (₹14,000.00 lakhs) and general corporate purposes, not exceeding 25% of the gross proceeds. The company will not receive any proceeds from the offer for sale.