Funding of capital expenditure requirements of the company towards of machinery and equipment

Repayment or prepayment in full or in part of all or portion of certain outstanding borrowings availed by the company and investment in its wholly ownded material subsidiary S2 Eng.ind. P Ltd for repayment or prepayment in full or in part of all

Investment in its wholly ownded material subsidiary S2 Engineering Industry Pvt Ltd for funding its capital exp requirements towards purchase of machinery and equipment

Funding inorganic growth through strategic investment and/or acquisitions

General corporate purposes