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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 requirement for setting up battery energy storage systems manufacturing facility with an installed capacity of 2.20 GWh | 11,360.03 | — |
| Repayment and/or prepayment, in full of part, of certain outstanding borrowings availed by our Company | 2,000.00 | — |
The Net Proceeds from the offer are proposed to be utilized for funding a battery energy storage systems manufacturing facility, repayment of borrowings, and general corporate purposes, with specific amounts allocated for each purpose.