
Broach Lifecare Hospital's Deviation from Fund Utilization Plan as of September 30, 2025
Broach Lifecare Hospital Ltd. has provided a statement of deviation(s) and variation(s) of funds raised through public issue (IPO) as of September 30, 2025. The company raised funds through an Initial Public Offer (IPO) on August 19, 2024, amounting to 402 Lakhs INR. However, there have been deviations in the use of funds for certain objects. The company has placed an order for Medical Equipment, but the actual utilization differs from the original plan. There is no deviation in the funds utilized for Medical Tourism Portal Development and General Corporate Purposes. The company has not reported any deviation pursuant to a change in terms of a contract or objects, which was approved by the shareholders.
Key Highlights
- Broach Lifecare Hospital raised 402 Lakhs INR through IPO on August 19, 2024.
- The company has placed an order for Medical Equipment, but the actual utilization differs from the original plan.
- There is no deviation in the funds utilized for Medical Tourism Portal Development and General Corporate Purposes.
- No deviation pursuant to a change in terms of a contract or objects, which was approved by the shareholders.
Price Impact
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