We intend to utilise the funds being raised by our Company through the Fresh Issue to augment ourcapital base to meet our future capital requirements arising out of growth in our business (the “Object”).Furthermore, we believe that listing of the additional Equity Shares through this Issue will also enhanceour brand name and provide liquidity to our existing shareholders and to our Employees who will beallotted Equity Shares under the Employee Reservation Portion.The main objects clause of our Memorandum enables our Company to undertake its existing activitiesand the activities for which funds are being raised by our Company through this Issue. The activitieswhich have been carried out until now by our Company are valid in terms of the objects clause of ourMemorandum