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NSE · Source: INVESTORGAIN
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Investment to drive growth in loan disbursals under default loss guarantee arrangements | ₹6,500.00 million | — |
| Investment in WFPL, a Material Subsidiary, to augment its capital base | ₹4,500.00 million | — |
| General corporate purposes | not exceed 25% of the Gross Proceeds | — |
The net proceeds from the offer are intended for three main purposes: ₹6,500 million for growth in loan disbursals under default loss guarantee arrangements, ₹4,500 million for investment in its material subsidiary, and a portion for general corporate purposes, not exceeding 25% of the gross proceeds.