KIMS Hospitals: NIL Deviation in QIP Fund Utilization for Q2 FY27

Krishna Institute of Medical Sciences Ltd (KIMS Hospitals) has reported NIL deviation in the utilization of funds raised through Qualified Institutional Placement (QIP) for the quarter ended September 30, 2026. The total amount raised was ₹1500 Cr on June 19, 2026. The funds were allocated towards repayment of borrowings (₹910 Cr), investment in subsidiaries for their borrowings (₹215.40 Cr), general corporate purposes (₹186.81 Cr), and issue expenses (₹20.19 Cr). The Audit Committee reviewed the statement and confirmed no deviation from the objects stated in the Placement Document. The monitoring agency is CARE Ratings Limited.