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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding development costs | ₹ 16,477.65 lakhs | — |
The company intends to utilize ₹ 16,477.65 lakhs of net proceeds for funding development costs of ongoing projects, specifically Sanghvi Horizon, Sanghvi Boulevard, and Sanghvi Sapphire. The actual mode of investment into the subsidiaries has not been finalized and may vary.