Objective :
1.Funding of capital expenditure for purchase of land and construction of a new building located at Plot No. 1-C-Part of Hootagalli Industrial Area, Situated in Survey No. 83 of Hootagalli Village, Kasaba Hobli, Mysore Taluk, Mysore District (“Mysore Property”)2.Funding of capital expenditure for upgradation and external electrical systems of our existing facility at Plot No. 1-B and Plot No. 1-C, Part II and III Hootagalli Industrial Area situated in Survey no. 85 of Hootagalli Village, Kasaba Hobli, Mysore Taluk, Mysore District – 570018, Karnataka, India (“Existing Facility”);3.Funding upgradation of our Company’s IT Infrastructure (Software, hardware and Communications & Network Services). and;4.General Corporate purposes.