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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Establishment of a gear box manufacturing facility | ₹ 1,144.10 million | — |
| Establishment of a wind generator components manufacturing facility | ₹ 916.47 million | — |
| General corporate purposes | — | — |
The proceeds from the Fresh Issue will be utilized for establishing a gearbox manufacturing facility and a wind generator components manufacturing facility, with estimated costs of ₹1,144.10 million and ₹916.47 million, respectively.