'Foods India Ltd.' is a company engaged in the production of packaged juice since 2010 . Over this period, a large number of competitors have entered the market and are putting a tough challenge to 'Foods India Ltd'. To face this challenge and to increase its market share, the company has decided to replace the old machinery with an estimated cost of ₹ 100 crores. To raise the finance, the company decided to issue 9% debentures. The Finance department of the company has estimated that the cost of issuing the 9% debentures will be ₹10,00,000. The company wants to meet its floatation cost.