Cool Caps Rights Issue 2025 FAQ's

Objects of the Issue:

The net proceeds will be used towards the following purposes:

• Repayment in full or part, of certain borrowings availed by the Issuer Company.
• Repayment in full or part, of certain borrowings availed by the Subsidiary companies namely Purv Packaging Private Limited and Purv Ecoplast Private Limited.
• Investment in our Subsidiary, Purv Packaging Private Limited for financing its capital expenditure requirements in relation towards the purchase of plant and machinery for the purpose of setting up of a new production facility of Caps & closures, PET Preform and Handles in Khurdah, Odisha.
• Investment in our Subsidiary, Purv Ecoplast Private Limited for financing its capital expenditure requirements for setting up of a blown film manufacturing unit.
• Meeting the Working Capital Requirements of the Issuer company.
• Meeting the Working Capital Requirements of the Subsidiary company namely Purv Packaging Private Limited.
• Meeting the Working Capital Requirements of the Subsidiary company namely Purv Ecoplast Private Limited H. General Corporate Purposes