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Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Funding capital expenditure for a new manufacturing facility | ₹900.00 million | — |
| Repayment and/or pre-payment of borrowings | ₹300.00 million | — |
The proceeds from the Fresh Issue will be utilized for funding capital expenditure for a new manufacturing facility, repayment of borrowings, and general corporate purposes, with a total estimated cost of ₹980 million for the proposed project.