StockWatch
·
Hospital
Quarterly Updates14 May 2026, 05:51 pm

Yatharth Hospital: QIP Monitoring Report for March 2026

AI Summary

Yatharth Hospital & Trauma Care Services Ltd submitted a Monitoring Agency Report by Crisil Ratings Limited for the quarter ended March 31, 2026, regarding the utilization of proceeds from its Qualified Institutional Placement (QIP). The Audit Committee reviewed the report on May 14, 2026. The report noted a temporary deviation of ₹0.46 million from the QIP's intended use, which was promptly rectified by the company using internal accruals. Crisil Ratings declared that the report provides an objective view based on provided information and believed-to-be-accurate sources, without performing an audit or independent verification.

Key Highlights

  • Yatharth Hospital submits QIP Monitoring Agency Report for Q1 2026.
  • Crisil Ratings is the Monitoring Agency for the QIP.
  • A temporary deviation of ₹0.46 million was rectified during the quarter.
  • Deviation was up to 10% (0.01%) of the QIP proceeds.
  • Audit Committee reviewed the report on May 14, 2026.