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NSE · Source: INVESTORGAIN
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding capital expenditure requirements | ₹ 915.00 million | — |
| Repayment of borrowings | ₹ 1,555.00 million | — |
| General corporate purposes | — | — |
The Net Proceeds from the Fresh Issue will be utilized for funding capital expenditure requirements of ₹915.00 million, repayment of borrowings of ₹1,555.00 million, and general corporate purposes, which will not exceed 25% of the Gross Proceeds.