IPO Objectives
1. Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company.
2. Funding the capital expenditure requirements of our Company towards:(i) purchasing and setting up of new machinery for expansion at our Supa Facility (“Phase II Expansion at our Supa Facility”).(ii) purchasing and setting up of new machinery at Unit 2 in Chakan, Pune in Maharashtra.
3. Funding the capital expenditure requirements of our Company towards purchasing and setting up of a rooftop solar power plant for power generation at our Supa Facility.
4. General corporate purposes.
