KIMS: Monitoring Agency Report for Preferential Allotment

Krishna Institute of Medical Sciences Ltd (KIMS) has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the preferential issue of warrants aggregating to Rs. 600 crores. CARE Ratings Limited, acting as the Monitoring Agency, reported no deviation from the objects of the issue during the quarter. KIMS received ₹150 crores as warrant subscription money in Q2FY27. No funds were utilized towards the stated objects during this period, resulting in nil utilization. The company expects to receive the remaining ₹450 crores upon exercise and conversion of warrants. The current market price of ₹730.50 is below the warrant exercise price of ₹779.00, which may impact future warrant conversion.