Krishna Institute of Medical Sciences Ltd. Approves Fund Raise of up to INR 1,500 Crores via QIP or Other Permissible Modes

Krishna Institute of Medical Sciences Ltd. announced the outcome of its Board of Directors' meeting held on 11th March 2026. The Board approved the raising of funds up to INR 1,500 Crores through equity shares issuance by way of one or more Qualified Institutions Placements (QIP) and/or any other permissible mode or any combination thereof. The fund raise is subject to necessary approvals, including the approval of the members of the Company and such other regulatory and statutory approvals as may be required, with the determination of the issue price. The Board has authorized the Finance & Investment Committee to decide the terms and conditions of the proposed fund raise.