Rights Issue20 May 2026, 07:31 am
HealthCare Global: No Deviation in Rights Issue Proceeds
AI Summary
HealthCare Global Enterprises Ltd reported no deviations or variations in the utilization of proceeds from its Rights Issue for the quarter ended March 31, 2026. The funds raised, amounting to ₹424.68 Cr, were allocated as per the Letter of Offer dated February 24, 2026, with no changes in the original objectives. This confirmation complies with SEBI regulations and has been reviewed by the Audit Committee.
Key Highlights
- No deviation in use of ₹424.68 Cr Rights Issue proceeds for Q4 2026.
- Funds utilized as per original objectives stated in Letter of Offer.
- Audit Committee reviewed and confirmed no deviations.
- Compliance with SEBI regulations regarding fund utilization.
Price Impact
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