Objects of Issue:
The Offer comprises the Fresh Issue and the Offer for Sale. DTIL will not receive any proceeds from the Offer for Sale. The Company proposes to utilize the Net Proceeds towards funding the following objects:
Repayment/pre-payment, in full or in part, of certain borrowings availed by DTIL.
Setting up a unit for manufacturing of LED TVs at the Tirupati Facility.
Enhancement of backward integration capabilities in the lighting products vertical at
Dehradun I Facility.
Upgradation of the information technology infrastructure of DTIL; and
General corporate purposes
In addition, DTIL expects to receive the benefits of listing of the Equity Shares on the Stock.
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