Zota Health Care LImited — Others, 14-02-2025: Monitoring Agency Report

Zota Health Care Limited submitted a Monitoring Agency Report from CRISIL Ratings, detailing the utilization of funds from its recent preferential issue for the quarter ending December 31, 2024. The report indicates that all proceeds are being utilized according to the intended purposes, without any significant deviations from the initial plan. A total of ₹179.07 crore was raised, with ₹69.34 crore utilized so far. This transparency may instill confidence among investors regarding the company’s financial health and operational plans, presenting a positive outlook as it moves forward with its expansion projects.