SPECIALITY MEDICINES LIMITED

IPO Objectives

1. Setting up of Research and Development (R&D) Centre at Revenue City Survey No. RV1/NA/61/1/50, Moje: Manda, Tal. Umargam, Dist. Valsad, Gujarat;

2. Product Registration in International Markets and Product Development for sale in international markets.

3. Funding for Marketing and Promotional Activities.

4. To Meet Working Capital Requirements; and

5. General Corporate Purpose.