Wockhardt Ltd: No Deviation in QIP Proceeds Utilization

Wockhardt Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Qualified Institutions Placement (QIP). The report, issued by CRISIL Ratings Limited, confirms that there has been no deviation in the utilization of the QIP proceeds from the objects stated in the Placement Document dated November 11, 2024. The company raised gross proceeds of ₹1,000.00 crores and net proceeds of ₹977.79 crores through this QIP. The Board of Directors and Audit Committee have reviewed and taken this report on record.