The objects of the Issue are:(a) To fund the setting up of manufacturing facilities at Gummidipoondi near Chennai, which willinter-alia include manufacturing facilities for production of MDF board of thickness 8mm to25mm and production of MDF board from 2.3mm to 8mm, decorative laminate line, a printingline, pre-lamination lines, and development of land and infrastructure for the aforesaid purposes,(“Chennai Expansion”) (b) To fund the capital expenditure for civil work and purchase of additional equipment at ourPantnagar unit in Uttarakhand which will primarily pertain to production of particle boards,(“Uttarakhand Expansion”) (c) Expenses towards general corporate and other purposes and(d) Expenses incurred in connection with the proposed Issue.