KIMS: Monitoring Agency Report for QIP Proceeds (Sep 2026)

Krishna Institute of Medical Sciences Ltd (KIMS) has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, related to its Qualified Institutional Placement (QIP) issue of ₹1,500 crores. CARE Ratings Limited, acting as the Monitoring Agency, reported no deviation from the stated objects of the issue. As of Q2FY27, the company has utilized ₹1,311.81 crores out of the total net proceeds of ₹1,476.45 crores, with utilization expected to be completed by FY27. The report confirms that the utilization of funds is in line with the disclosures made in the Offer Document.