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NSE · Source: SEBI
Fresh-issue proceeds only — the offer-for-sale portion goes to selling shareholders.
| Purpose | Amount | Pages |
|---|---|---|
| Repayment of borrowings | 3,200.00 million | — |
| General corporate purposes | — | — |
The net proceeds from the Fresh Issue will be used for repayment of borrowings and general corporate purposes, with ₹3,200 million allocated for repayment of borrowings, including ₹2,800 million to wholly-owned subsidiaries and ₹400 million to Simola Tiles LLP.