Oswal Pumps Ipo

Funding certain capital expenditure of the Company.

Investment in the wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for funding the setting up of new manufacturing units at Karnal, Haryana.

Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company.

Investment in the wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for repayment/prepayment, in part or full, of certain outstanding borrowings availed by Oswal Solar.

General corporate purposes.

Canara Bank –

DRChoksey FinServ –

Emkay Global –

Hem Securities –

IDBI Capital –

Marwadi Shares –

Nirmal Bang –

SBICAP Securities –

Sharekhan –

SMC Global –

Sushil Finance –

Swastika Investmart –

Ventura Securities –

Geojit –

Reliance Securities –

Capital Market –

BP Wealth –

ICICIdirect –

Choice Broking –

IIFL Capital Services Limited

Axis Capital Limited

Clsa India Private Limited

Jm Financial Limited

Nuvama Wealth Management Limited