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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding capital expenditure for machinery and equipment | ₹2460.80 | — |
| Long-term working capital | ₹7500.00 | — |
| Repayment of fund-based working capital facilities | ₹2200.00 | — |
| General corporate purposes | not exceeding 25% of Gross Proceeds | — |
| Issue-related expenses | — | — |
The company plans to utilize ₹2460.80 lakh from the net proceeds for purchasing equipment, ₹7500.00 lakh for long-term working capital, ₹2200.00 lakh for repayment of fund-based working capital facilities, and a portion for general corporate purposes.