Poly Medicure: No Deviation in QIP Fund Utilization

Poly Medicure Limited has submitted a statement of deviation(s) or variation(s) regarding its Qualified Institutions Placement (QIP). The company raised approximately ₹99,999.98 lakh (₹999.99 Crore) through the issuance of equity shares to QIBs. The Audit Committee reviewed the fund utilization for the quarter ended September 30, 2026. The company confirms there is no deviation or variation from the stated objects of the issue in the utilization of proceeds as per the placement document. A minor surplus of ₹34.39 lakh from issue expenses was adjusted into general corporate purposes.