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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 | ₹650.00 million | — |
| Pre-payment or re-payment of borrowings | ₹400.00 million | — |
| General corporate purposes | — | — |
The net proceeds from the fresh issue are intended for funding working capital requirements (₹650 million), pre-payment or re-payment of borrowings (₹400 million), and general corporate purposes, with the total sanctioned limit of working capital facilities being ₹1,260 million.