LALITHAA JEWELLERY MART LIMITED

IPO Objectives

1. Funding of expenditure towards setting up of 10 new stores in India (“New Stores”). The funding is proposed to be utilised towards the following broad heads:(a) Capital expenditure for fit-outs in the nature of furniture and fixtures, equipment, IT hardware andsoftware; and(b) Expenditure towards inventory costs for setting up of New Stores

2. General corporate purposes