Disclosure under Regulation 30 of SEBI Listing Regulations
Fund Utilization Details
The company has disclosed detailed allocation of funds from the proposed preferential issue of convertible warrants totaling ₹21,835.00 lakhs (₹218.35 crore) under the heading "Object of the Preferential Allotment" in the explanatory statement annexed with the EGM notice.
Breakdown of Fund Allocation:
| Particulars | Amount (₹ in Lakhs) | Percentage of Issue Proceeds |
| Expansion and Growth (Organic & Inorganic) | 18,559.75 | 85% |
| General Corporate Purposes (GCP) | 3,275.25 | 15% |
| Total Issue Proceeds | 21,835.00 | 100% |
Detailed Utilization Components
Expansion and Growth (₹185.60 crore / 85%):
- Organic Growth (₹25.00 crore): Expansion of existing manufacturing operations, setting up of new manufacturing capacities, enhancement of existing manufacturing capacities, establishment of new manufacturing unit(s)
- Inorganic Growth (₹160.60 crore): Strategic acquisitions, mergers and acquisitions, investments in businesses operating in similar or complementary sectors, investment vehicles and other strategic investment opportunities, directly or through subsidiaries and/or associates, including investments in and/or loans to subsidiaries and/or associates
General Corporate Purposes (₹32.75 crore / 15%):
Meeting ongoing general corporate exigencies and contingencies, as may be decided by the Board from time to time