1. Funding of capital expenditure requirements for purchase of new Equipment by our Company;2. Repayment/prepayment of all or certain of our borrowings availed of by our Company3. General corporate purposes

Our Company is primarily engaged in the business of manufacturing and designing the wide range of wholesale Gold Jewellerieswhich includes plain gold, studded and named jewelleries available in 22karat and rose gold jewelleries available in 18Karat. In fiscal 2024, plain gold, studded gold, named and rose gold jewelleries contributed 53.37%, 36.93%, 7.85% and 0.01%, respectively of our revenue from operations. Our Company manufacturers the finished gold jewelleries from the raw gold i.e. bullions and required consumables and sell it to dealers, showrooms, corporates and small jewellery shops in the wholesale quantities. We provide an extensive range of jewellery designs of plain gold, rose gold, the jewelleries studded with Cubic Zircon and / or coloured stones and named jewelleries customized and designed in detail, keeping in mind the customer’s unique preferences and requirements. Our Company manufactures jewelleries for three categories of Individuals men, women and children.