Objective :
Our Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects (collectively, referred to herein as the “Objectsâ€):1. Construction of New Corporate Office and Research Development & Pre Mix Laboratory Building called “Valencia House†at Anjanapura, Bengaluru2. Purchase of Key Lab Equipments for expanding R&D facilities3. Sales, Marketing and Distribution Expenses for increasing our brand value and improved geographical reach.4. General corporate purposes