The main objectives of the issue are to utilize the net proceeds for the following purposes:

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  Funding capital expenditure towards the purchase of civil machines and equipment to support ongoing and upcoming wastewater treatment projects, enhancing operational efficiency and reducing rental costs.

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  Funding capital expenditure for the acquisition of new laboratory equipment to expand the capabilities and accuracy of its environmental testing services.

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  Repayment or prepayment, in full or in part, of certain borrowings availed by the company from banks and financial institutions, which will reduce debt service obligations and improve the debt-to-equity ratio.

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  To meet the growing working capital requirements of the company, driven by an expanding order book and the need for timely project execution.

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  To fund general corporate purposes, including strategic initiatives, brand building, and other operational expenses not covered by other objectives.