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NSE · Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding capital expenditure towards setting up of New Centres on leased premises and associated Technology (hardware) costs | 576.20 | — |
| Expenditure for lease payments for our existing centres in India | 144.45 | — |
| Investment in our Subsidiary, Mom’s Belief US Inc. | 101.31 | — |
| Brand awareness and inclusive outreach programs | 102.08 | — |
The Net Proceeds from the Issue will be utilized for various purposes including funding capital expenditure for new centres, lease payments for existing centres, investment in a subsidiary, brand awareness programs, and inorganic growth through acquisitions.