InvestorQ : What is the objective of the fundraising through Antony waste IPO?
Indrajeet Kashyap made post
IPO

What is the objective of the fundraising through Antony waste IPO?

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Rohan Bhadani answered.
1 month ago
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The company proposed to utilize its fresh issue proceeds towards part-financing for the waste-to-energy project at Pimpri Chinchwad through investment in its subsidiaries, AG Enviro and/or ALESPL; reduction of consolidated borrowings; and general corporate purposes. The offer for sale money will go to selling shareholders.
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