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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding working capital requirements | ₹426.69 million | — |
| Capital expenditure for machinery | ₹322.78 million | — |
| General corporate purposes | ₹[●] million | — |
The company intends to utilize the Net Proceeds from the Offer for funding working capital requirements (₹426.69 million), capital expenditure for machinery (₹322.78 million), and general corporate purposes, with the total estimated expenses of the Offer being approximately ₹[●] million.