Thangamayil Jewellery IPO - Objects of the Issue

The Objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital for the following purposes:

1. To expand existing business by establishing retail outlets at Tuticorin, Dindigul, Theni, Nagercoil, Tirunelveli, Kovilpatti and Sivakasi and to renovate the existing outlet at Madurai;
2. To meet the working capital requirements;
3. To meet the expenses of the Issue; and
4. To list the equity shares of the Company on the Stock Exchanges