Key Quantitative Figures
- Total Amount Raised: Rs. 4,845.05 Lakhs (Rs. 48.45 Crore)
- Date of Fund Raising (Allotment): 21st February, 2024
- Report Period: Quarter ended June 30, 2026
Fund Utilization Details
As per the attached statement, there has been no deviation or variation in the use of proceeds from the objects stated in the Letter of Offer. The utilization against each object is as follows:
1. To acquire Equity Shares from existing shareholders of Derren Healthcare Private Limited and make it a subsidiary Company
- Original Allocation: Rs. 1,443.58 Lakhs
- Funds Utilized: Rs. 1,443.58 Lakhs
- Deviation/Variation: NIL
2. To repay or prepay, in full or in part, of certain Borrowings availed by our Company
- Original Allocation: Rs. 588.00 Lakhs
- Funds Utilized: Rs. 289.00 Lakhs
- Deviation/Variation: NIL (The disclosure indicates that utilizing a lower amount than allocated is not considered a deviation for this reporting purpose)
3. To part finance the working capital of the Company
- Original Allocation: Rs. 1,138.47 Lakhs
- Funds Utilized: Rs. 1,138.47 Lakhs
- Deviation/Variation: NIL
4. To Meet General corporate purposes
- Original Allocation: Rs. 1,650.00 Lakhs
- Funds Utilized: Rs. 1,650.00 Lakhs
- Deviation/Variation: NIL
Governance and Compliance
- The statement confirms that the utilization is not pursuant to any change in terms of a contract or objects that required shareholder approval.
- The statement has been duly reviewed by the Audit Committee of the company.
- The Audit Committee has provided No Comments on the statement.
- The company's auditors have also provided No Comments.
- A Monitoring Agency for the fund utilization is Not Applicable.
Submission Details
- Addressee: BSE Limited, The Compliance Department of Corporate Services