 

Ttem Vendor Date of Validity Rate(in®) | Quantity Total Cost for

Quotation Average Size
(in Million)
DVR with Pragati Enterprise October 15, 90 days 28,556 1 0.03
hard — disk 2021
and camera
TV 65” LP Flex Signs October 15, 90 days 115,200 1 0.12
Systems 2021
Steamer Kingcom October 10, 120 days 2,624 1 0.003
Electronic 2021
Total 0.15
estimated
costs per
unit store

& Million)

 

(b) Rental deposits:

The premises for the proposed 120 new EBOs are expected to be taken on leasehold basis. As per the Architect
Certificate, the estimated average built up area per unit store is approximately 500 sq. ft. Based on the
certificate from G. Natesan & Co, Membership No. 204378 (“Independent Chartered Accountant”), the
estimated average cost per sq.ft. for rental deposit is = 2,000 aggregating to = 120 million for the 120 new
EBOs of Average Size. These rental deposit estimates have been computed by the Independent Chartered
Account as certified in its certificate dated August 12, 2021 on the basis of average rental deposit expenditures
incurred by our Company in the past and as well as current market conditions.

Our Company may have not entered into any definitive agreements with any or all of these contractors/vendors
and there can be no assurance that the same contractors/vendors would be engaged to eventually supply the
materials.

2. Funding working capital requirements

We fund a majority of our working capital requirements in the ordinary course of business from banks and internal
accruals. As on September 30, 2021, our Company has total sanctioned limit of working capital facilities of
2700.00 million, including fund-based and non-fund based sub-limits. For details, see ‘Financial Indebtedness’
on page 341. We propose to utilise 2 613.98 million from the Net Proceeds to fund the working capital
requirements of our Company in Fiscal Years 2023.

(a) Existing working capital

Our Company’s existing working capital based on the Restated Financial Information along with sources of
funding is as stated below:

98
