1. Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable, availed by: (a) Our Company
and (b) two of our wholly-owned Subsidiaries, AeroStructures Manufacturing India Private Limited and Aequs Consumer Products Private Limited, through investment in such Subsidiaries
2.Funding capital expenditure to be incurred on account of purchase of machinery and equipment by: (a) our Company
and (b) one of our wholly-owned Subsidiaries, AeroStructures Manufacturing India Private Limited, through investment in such Subsidiary
and 3. Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes.