StockWatch
·
Hospital
Regulatory29 May 2026, 02:27 pm

Hannah Joseph Hospital: No Deviation in IPO Proceeds Utilization

AI Summary

Hannah Joseph Hospital Ltd confirms no deviations or variations in the utilization of IPO proceeds for the half year ended March 31, 2026, as per Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company raised ₹4,200 Lakhs through a public issue on January 29, 2026. The Audit Committee reviewed and the Board of Directors recorded the statement on May 29, 2026. Unutilized amounts are held in fixed deposits for future utilization.

Key Highlights

  • Hannah Joseph Hospital confirms no deviation in IPO proceeds utilization for H1 FY26.
  • IPO raised ₹4,200 Lakhs on January 29, 2026.
  • ₹3,427.41 Lakhs of capital expenditure remains unutilized, held in fixed deposits.
  • Audit Committee reviewed and Board recorded the statement on May 29, 2026.