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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Investment in Oravel Stays Singapore Pte. Ltd for repayment/prepayment of borrowings | ₹49,875.00 million | — |
| General corporate purposes | — | — |
The company plans to utilize ₹49,875.00 million from the Net Proceeds for the repayment/prepayment of certain borrowings, with the remaining allocated for general corporate purposes, not exceeding 25% of the Gross Proceeds.